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...Fidelity’s little-known passive investment business Geode Capital Management surged to $1tn in assets last year, underscoring its quiet emergence as a major player in the index fund industry....
...“Everything in the world is on hold, and this cannot not be reflected in the financial world,” says Romain Boscher, chief investment officer for equities at Fidelity International ....
...FMR LLC, Fidelity’s US arm, owns two-thirds of Colt’s shares and has commitments from shareholders representing a further 7.8 per cent....
...Fidelity’s investment comes from its US-based arm, FMR LLC. Fidelity Worldwide Investment, which manages $275bn in funds from investors outside the US and Canada, said it does not own Quindell shares....
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