Christopher Condon

Fidelity finally dives into exchange-traded funds

For Fidelity Investments, the world’s second-biggest mutual-fund company, plunging into exchange-traded funds (ETFs) doesn’t mean it’s embracing index-based investing. “This allows us to do what...

Fidelity puts succession question to rest

Fidelity Investments resolved the long-running question over its succession plan by naming Abigail Johnson president, putting the daughter of Chairman Edward "Ned" Johnson III in...

Stock mutual fund loses top rank

Growth Fund of America has lost its status as the largest U.S. equity mutual fund, a position it held for six years, as investors are...