Industry News, Trustworthy Insights

Popular Companies:

Fidelity: New ETF Market Strategy Explained

US investment firm Fidelity has submitted an application to the US Securities and Exchange Commission, seeking clearance to allow some of its mutual funds to also serve as exchange-traded funds (ETFs).

Fidelity aims to disrupt the ETF market, challenging Vanguard's dominance with its new application. PHOTO: Shutterstock
Fidelity aims to disrupt the ETF market, challenging Vanguard’s dominance with its new application. PHOTO: Shutterstock

By doing so, Fidelity seeks to challenge the stronghold on the concept held by ETF giant Vanguard.

The Boston-based company hopes to have its actively managed mutual funds issue a

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

[formidable id=3]