A Golden Finance report indicated that the asset size of the third largest asset management company in the world, Fidelity Investments, has increased by $1 trillion in the past year, with revenue soaring to a record high. Fidelity, headquartered in Boston, stated in its annual report on Tuesday that the assets managed by its proprietary investment funds and managed accounts have risen from $4.9 trillion in the previous year to $5.9 trillion in 2024. Revenue rose by 16% to a record $32.7 billion, while operating expenses increased by 14%.
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A escala de ativos do fundo da Fidelity atingiu US$ 5,9 trilhões e a receita saltou para um recorde histórico.
A Golden Finance report indicated that the asset size of the third largest asset management company in the world, Fidelity Investments, has increased by $1 trillion in the past year, with revenue soaring to a record high. Fidelity, headquartered in Boston, stated in its annual report on Tuesday that the assets managed by its proprietary investment funds and managed accounts have risen from $4.9 trillion in the previous year to $5.9 trillion in 2024. Revenue rose by 16% to a record $32.7 billion, while operating expenses increased by 14%.