Mass. Pension Halts New Money for Fidelity

Burke, Kevin
February 2005
Investment Management Weekly;2/7/2005, Vol. 18 Issue 5, p1
Reports on the decision of the Massachusetts-based Pension Reserves Investment Management Board to cease investing money in Fidelity Investments due to the manner in which it has responded to the board's inquiries regarding a federal investigation of its traders as of February 2005. Total value of investment that was withheld by the board from Fidelity Investments; Value of funds being managed by Fidelity Investments; Issues surrounding the trading activities of Fidelity Investments.


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