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Fidelity Investment

Family-run Fidelity Investments signals succession plan with promotion

August 30, 2012

The long-running guessing game over who will succeed Edward “Ned” Johnson III in family-run Fidelity Investments appears to be over.

On 28 August, his daughter, Abigail Johnson, was promoted to president of Fidelity Financial Services, a move, the US mutual fund manager said in a statement, consolidates “all of the company’s core businesses under her leadership”.

Market pain for philanthropic gain

March 1, 2007

Big business is getting its hands dirty in the name of charity, forming companies whose specific goals are to benefit mankind, all while making a profit. David Nicholson examines the brave new and sometimes controversial world of “for-profit” philanthropy

ig business is getting its hands dirty in the name of charity, forming companies whose specific goals are to benefit mankind, all while making a profit. David Nicholson examines the brave new and sometimes controversial world of "for-profit" philanthrop.

David Nicholson is a freelance writer based in the UK.