The FMR GROUP is a privately held investment adviser that advises $8,397.65Bn in regulatory assets under management held in 7 SEC fund types across 12 investment strategies. FMR GROUP is a Public Fund A public fund manager is a manager whose >=75% of total assets under management are in public funds (broadly accessible, exchange-listed investment vehicles available to retail investors with typically low minimums and clear, widely available information) Manager. Assets increased by 64.62% over the last 5-years.
The Group has been registered with the SEC for 62.3 years and is comprised of 10 filing and 1 relying advisers. They operate out of 33 office locations with their Headquarters at 245 SUMMER STREET, BOSTON, MASSACHUSETTS. The Group has been subject to regulatory enforcement actions. They are regulated by 23 US and Non-US bodies.
They have 19,266 employees comprised of 18,342 investment and 924 non-investment staff. The total number of Employees increased by 41.36% over the last 5-years.
Their $8,397.65Bn in assets advised are owned by 284 private funds, 897 public funds and BDCs and 12,859 other accounts. Assets of Investment Companies (IC) clients own $7,169.97Bn or 85.38% of Total Assets and High Net Worth Individuals own $425.52Bn or 5.07% of Total Assets.
The Group's top investment strategies include Long/Short Equity, FI/Credit - Diverse and Multi Strat, representing 55.53%, 32.73% and 11.24% of total assets, respectively.
They advise 12 types of clients, top clients are Investment Companies (IC) and High Net Worth Individuals.
The Group uses 19 Fund Administrators, 4 Fund Auditors, 4 Prime Brokers, 28 Custodians and 31 Marketers. It does not report a third-party Fund Administrator in 595 private funds with $6,886.98Bn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
FMR GROUP names 1 sub-adviser VOLITION CAPITAL LLC to 3 different funds advised by the group. The Group has been named as the sub-adviser to 2 funds.