An Old Dog S New Tricks
The answer depends on how well you like the new Fidelity. Because the old Fidelity, which brought you gunslinging fund managers and odds-defying top returns, is long gone. Despite all the ink that will be spilled decoding the convulsions, what’s happening at the privately owned firm isn’t all that mysterious. Fidelity is being forced to grow up. Yes, it’s 51 years old and manages nearly $500 billion in assets - plenty old and big enough by most measures....