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Fidelity Plans More ETFs in Bid To Catch Rival Broker Schwab
FYI: Boston-based Fidelity Investments, whose online brokerage has $322 billion in ETF assets under administration and 18 million retail accounts, is looking to escape the shadows of some of the more prolific issuers that populate its platform. The firm is seeking to start five funds that if approved would be the company’s first new products since 2016, according to a regulatory filing. Regards, Ted https://www.bloomberg.com/news/articles/2017-08-29/fidelity-plans-more-etfs-in-bid-to-catch-rival-broker-schwab