Last year was a better than average one for Fidelity Investments. The Boston Behemoth released figures Monday that showed its assets under management climbed 28 percent in 2003 to end the year at $988 billion from $774 billion at the start of the year.
The growth in assets outpaced the 26 percent gain in the Standard & Poor’s 500 stock index.
Although Fidelity saw net inflows from investors during the year, the majority of the increase was the result of asset appreciation.
Stay ahead of the news ... Sign up for our email alerts now