corporate management

Fidelity Investments blinks

By Dominic Jones on May 17, 2007

By Dominic Jones FIDELITY Investments, the world’s largest mutual fund company, has sold most of its stake in Asian energy giant PetroChina after coming under fire from activists. The move is significant because it demonstrates the mutual fund industry’s sensitivity to public campaigns that could taint their brands. Mutual fund companies have historically been the [...]

Posted in Investor Relations Blog | Tagged Advertising Age, Anne Crowley, Boston Globe, business, China National Petroleum Corp., CNN, corporate management, Darfur, David Rubenstein, Fidelity Investments, management, media outlets, PetroChina, Save Darfur Coalition, SEC, securities | 1 Response