MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, November 3, 2008 Report: Fidelity Drops a Vendor Asset management woes may be about to hit one of Fidelity's vendors. Last week Ignites and the Boston Globe reported that the Boston-based fund firm led by Ned Johnson is contemplating trimming up to 4,000 jobs (see MFWire, October 27, 2008), and now the Boston Herald's Jay Fitzgerald reports that Fido has canceled its accounting system contract with Bank of New York-Mellon's Eagle Investment Systems. Spokespeople for BoNY-Mellon and Fidelity both declined to comment. Printed from: MFWire.com/story.asp?s=19786 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |