Fidelity International Limited
Encyclopedia
Fidelity International is the business name used by FIL Limited, a Bermuda holding company for an international fund management business which operates in Bermuda, throughout Europe and in Asia. Originally founded in 1969 as a subsidiary of Fidelity Management & Research in Boston (see Fidelity Investments
) it was spun out as an independent business in 1980. Since then, it has continued to operate as a private company owned by its management and the Johnson family from Boston
.
FIL has significant operations in the UK (where is has operated since 1969) where it is a leading provider of Open Ended Investment Companies (OEICs - a replacement to what used to be unit trusts), as well as providing one of the most wellknown fund supermarkets, Funds Network. It also provides retirement products, especially through work place savings known as Defined Contribution pensions. It is also active in Germany, France, Luxembourg, Ireland and other countries in Europe. In Asia, FIL has offices in Japan, Hong Kong, Singapore, South Korea, Australia, China and India.
In September 2011, FIL adopted a new trading name - Fidelity Worldwide Investments.
Fidelity Investments
FMR LLC or Fidelity Investments is an American multinational financial services corporation one of the largest mutual fund and financial services groups in the world. It was founded in 1946 and serves North American investors. Fidelity Ventures is its venture capital arm...
) it was spun out as an independent business in 1980. Since then, it has continued to operate as a private company owned by its management and the Johnson family from Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...
.
FIL has significant operations in the UK (where is has operated since 1969) where it is a leading provider of Open Ended Investment Companies (OEICs - a replacement to what used to be unit trusts), as well as providing one of the most wellknown fund supermarkets, Funds Network. It also provides retirement products, especially through work place savings known as Defined Contribution pensions. It is also active in Germany, France, Luxembourg, Ireland and other countries in Europe. In Asia, FIL has offices in Japan, Hong Kong, Singapore, South Korea, Australia, China and India.
In September 2011, FIL adopted a new trading name - Fidelity Worldwide Investments.