Fidelity Investments, commonly referred to as Fidelity, is a multinational financial services corporation based in the United States. Founded in 1946, Fidelity is one of the largest asset managers in the world, offering a wide range of financial products and services to individual investors, institutions, and financial advisors. Key aspects of Fidelity include: Investment Management: Fidelity offers investment management services, including mutual funds, exchange-traded funds (ETFs), retirement accounts, managed accounts, and other investment products. The company manages assets across various asset classes, including equities, fixed income, and alternative investments. Brokerage Services: Fidelity provides online brokerage services for buying and selling stocks, options, bonds, and other securities. Its trading platform offers advanced tools and research resources for investors and traders. Retirement Planning: Fidelity is a major provider of retirement planning services, offering retirement accounts such as 401(k) plans, individual retirement accounts (IRAs), and annuities. The company provides retirement planning tools, educational resources, and personalized guidance to help individuals plan for their retirement goals. Wealth Management: Fidelity offers wealth management services for high-net-worth individuals and families through its Private Wealth Management division. This includes personalized financial planning, investment management, estate planning, and tax advisory services. Digital Assets: Fidelity has shown interest in the cryptocurrency space and has launched Fidelity Digital Assets, a subsidiary focused on providing institutional-grade custody and trading services for digital assets like Bitcoin. The company aims to address the growing demand for institutional involvement in the cryptocurrency market. Research and Education: Fidelity provides research and educational resources to help investors make informed decisions about their finances. This includes market analysis, investment research reports, webinars, articles, and educational content on various financial topics. Customer Service: Fidelity is known for its high-quality customer service, offering support through online chat, phone, email, and in-person consultations at its branch offices across the United States. Overall, Fidelity is a trusted name in the financial services industry, known for its commitment to innovation, customer service, and long-term investment success.
The director of global macroeconomics at Fidelity Investments is confident that the value of the first cryptocurrency will repeat the growth in the market value of Apple. Top Manager of one of the world's largest asset management companies Fidelity Investments Jurrien Timmer made his statement on the YouTube channel The Investor's Podcast Network.
According to the president of Fidelity Digital Assets (FDAS), Tom Jessop, the cryptocurrency industry is only developing, so the closure of some companies and funds is natural.
Jessop expressed his opinion in the podcast The Scoop, commenting on a recent study by Crypto Fund Research, according to which a significant number of cryptocurrency investment funds closed this year. The president of FDAS believes that this situation resembles the development of the Internet startup market.