Boston Globe – Fidelity Investments, the world’s largest mutual-fund company, will start three funds in Japan focused on paying dividends to lure more individuals away from the safety of bankdeposits, which total about $6.3 trillion. Thomas Balk, who took over the running of Fidelity’s Japan unit as president last month, said he aims to quadruple the amount of assets that Fidelitymanages for Japanese individuals and companies to $100 billion in five years. (Bloomberg)
Fidelity to open 3 funds in Japan for retirement
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