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Articles tagged "Nancy Prior"


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Nancy Prior: A lot of this decision [​was made based on] investor behavior ... [and] liquidating these two funds, less than two percent of our assets ... [will have] no impact on any other part of our business.

Fidelity Investments intends to 'hard close' two institutional money market funds to curb exposure to COVID-19's high-volatility market

Each fund is of the prime institutional money market that comprises up to 7% of the $4.6 trillion US money market fund industry, but use has dwindled from $1.1 trillion in 2011 to today's $356 billion.

June 23, 2020 at 1:35 AM

Ben Johnson: This latest filing is the last rabbit that you'd imagine they'd try to pull from the hat.

After Vanguard gains $550-billion ETF lead, Fidelity makes 'rabbit out of the hat' play to regain ground

But even as Boston execs attempt magic, Vanguard makes almost simultaneous ETF move that requires no lagomorphs

August 22, 2016 at 10:54 PM

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