Finance & economics | Fidelity

A family affair

A new head for America’s biggest fund manager

|New York

IT IS, quite literally, a trillion-dollar question: how does a fund-management operation as big as Fidelity's go about handling so much money? This is now the responsibility of a 39-year-old: Abigail Johnson, who on May 21st was named head of the fund-management arm of her family's Fidelity Investments, based in Boston, Massachusetts.

This article appeared in the Finance & economics section of the print edition under the headline “A family affair”

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