Fidelity Managed Assets Hit $7.1 Trillion, Revenue Jumps 15%

Fidelity Investments, the third-largest asset manager globally, reported a record $7.1 trillion in managed assets. This marks a significant increase from $5.9 trillion last year, with revenue jumping 15% to reach $37.7 billion.

This growth reflects Fidelity's strong market position and investor confidence. Managing $18 trillion across various businesses, Fidelity's success underscores the increasing demand for investment management services in today's economy.