Fidelity International

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FIL Limited
Industry Financial services
Founded 1969
Founders Edward Johnson, III
Headquarters Pembroke, Bermuda
Key people
Abigail Johnson (chairman),
Brian Conroy (president,
financial services)
Products Investment management, mutual funds, ISAs, Pensions, Fund platforms
AUM US$ 285 billion (March 31, 2015)
Number of employees
7,000 (March 31, 2015)

Fidelity International, formerly Fidelity Worldwide Investment, is a company that provides investment management services including mutual funds, pension management and fund platforms to private and institutional investors. Fidelity International was originally established in 1969 under the name Fidelity International Limited (FIL) as the international investment subsidiary of Fidelity Management & Research in Boston (see Fidelity Investments) before being spun out as an independent business in 1980. Since then, it has continued to operate as a private company owned by some of its employees and the Johnson family.


It was established in 1969 [1] as an international investment subsidiary of Fidelity Management & Research, before becoming an independent business in 1980. Today, Fidelity International handles investments for clients in Europe, EMEA and Asia, while the US-based Fidelity Management and Research handles investments for clients in North America.

In the same year that it was established, an office was opened in Tokyo,[2] followed by London in 1973,[3] Hong Kong in 1981[4] and Taipei in 1986. In 1990 the first Continental European office was opened in Amsterdam,[5] when a number of Luxembourg funds for Continental Europe and Asia were launched. Expansion has continued, with Fidelity opening an office in India in 2001 and in China in 2004.

In 2012, chief investment officer Dominic Rossi expressed support for a UK government plan to allow shareholders to veto bonus deals for boardroom members in companies, using what The Guardian called "unusually confrontational language for a major investor more accustomed to operating behind the scenes".[6] Rossi has since campaigned to get UK long-term incentive plans extended from three years to five.[7]

As of 2013, Fidelity employs over 7,000 people in 24 countries around the world;[1] Australia, Austria, Belgium, Bermuda, Brazil, China (including Hong Kong), Dubai, France, Germany, India, Ireland, Italy, Japan, Korea, Luxembourg, Netherlands, Poland, Singapore, Spain, Sweden, Switzerland, Taiwan, Tunisia and the UK.

The company is privately owned; the majority of the company is owned by its employees, though the Johnson family still owns a substantial minority of 39.89% according to regulatory filings.[8]


Fidelity offers its own funds and, through its platforms in a number of countries, other managers’ funds. It currently manages or administers over US$300bn on behalf of private individuals and institutions around the world, offering investors the opportunity to further their medium and long-term investment goals.[9]

Depending on location, Fidelity offer a range of active asset management solutions as well as large fund platforms offering access to Fidelity and other managers’ funds and services for personal investors. Fidelity provides solutions to the ISA, SIPP and Defined Contribution Pensions markets, both for domestic schemes, multinational employers and their staff.

Fidelity International Investment has around 300 portfolio managers and research professionals globally[1]. These investment professionals carry out in-depth analysis to uncover investment opportunities, following a bottom-up stock picking approach.[10]


Fidelity has been named Fund House of the Year, DC Provider of the Year at the UK Pensions Awards, and won the Premier Group Award at the Money Investment Trust Awards.[11] [12] [13]


  1. ^ a b Johnson, Steve (15 September 2013). "Fidelity Worldwide scouts beyond the boomers for business". Financial Times. UK. Retrieved 18 December 2013. 
  2. ^ Bloomberg Businessweek. "Company Overview of Fidelity Investments Japan Limited". Bloomberg Businessweek. Retrieved 2013-12-18. 
  3. ^ "Fidelity succeeds through evolution". Investment Week. UK. 25 February 2002. Retrieved 18 December 2013. 
  4. ^ "FIL Investment Management (Hong Kong) Limited". BCTHK. Retrieved 2013-12-18. 
  5. ^ Credit Suisse. "FIL (Luxembourg) S.A.". Credit Suisse. Retrieved 2013-12-18. 
  6. ^ "Fund manager Fidelity attacks executive pay and bonus bonanza". The Guardian. 18 January 2012. 
  7. ^ "Boardroom pay failing to reflect performance, fund manager claims". The Guardian. 3 July 2014. 
  8. ^ Hidden Johnson Billionaires Found in Fidelity Fund Empire, Brendan Coffey, Bloomberg News, September 20, 2012.
  9. ^ Business Wire. "Atlantic Fund Services to Service Fidelity Worldwide Investment Funds in Luxembourg". Business Wire. Retrieved 2013-12-18. 
  10. ^ Lambert, Simon (6 August 2013). "AIM shares are in fashion now investors can put them in an Isa. We reveal five of the best smaller company funds and trusts". This is Money. UK. Retrieved 18 December 2013. 
  11. ^ Spriha Srivastava (2015). "Fidelity named MM Fund House of the Year". ftadviser. Retrieved 26 May 2015. 
  12. ^ UK Pension Awards (2015). "UK Pension Awards". Retrieved 9 May 2015. 
  13. ^ Fiona Hamilton (2015). "2015 Investment Trust Awards: Premier Investment Trust Group". Money Observer. Retrieved 8 May 2015. 

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