{{Short description|Fidelity Investments Non-US business}} {{Infobox company | name = FIL Limited | logo = Fidelity_International_logo.svg | type = Private | industry = [[Financial services]] | founded = 1969 | founders = [[Edward Johnson, III]] | key_people = [[Abigail Johnson]] (Chairman)<br/>[[Anne Richards]] (Vice Chairman)<br>[[Keith Metters]] (President) | hq_location_city = Pembroke | hq_location_country = [[Bermuda]] | products = [[Investment management]], [[mutual fund]]s, [[Individual Savings Account|ISAs]], [[Pension]]s, [[Fund platform]]s | aum = US$1,086 billion {{small|(31 December 2025)}}<ref name="fidelity-business">{{cite web |title=Our business |url=https://www.fidelityinternational.com/about-fidelity/our-business |website=Fidelity International |access-date=13 May 2026}}</ref> | num_employees = 7,600+ {{small|(2018)<ref>{{cite web |title=Selecting FundsNetwork™ as your long-term platform partner |url=https://fundsnetworkprod-live-733ab5a756b04a1d8aea729f1589b80b-2a8642e.s3-eu-west-1.amazonaws.com/filer_public/ff/d8/ffd8c558-765e-4cff-bd10-ea82781e9759/response-due-diligence-request.pdf |website=FundsNetwork |language=en |access-date=2021-01-12 |archive-date=2021-01-13 |archive-url=https://web.archive.org/web/20210113113754/https://fundsnetworkprod-live-733ab5a756b04a1d8aea729f1589b80b-2a8642e.s3-eu-west-1.amazonaws.com/filer_public/ff/d8/ffd8c558-765e-4cff-bd10-ea82781e9759/response-due-diligence-request.pdf |url-status=dead }}</ref>}} | subsidiaries = Eight Roads Ventures | website = {{Official URL}} }}
'''Fidelity International Ltd''' ('''FIL''') is a company that provides [[investment management]] services including [[mutual fund]]s, [[pension]] management and [[fund platform]]s to [[private investors|private]] and [[institutional investor]]s. Fidelity International was originally established in 1969 as the international investment subsidiary of [[Fidelity Investments]] in Boston before being spun out as an independent business in 1980. Since then, it has continued to operate as a [[private company|private]] [[employee-owned company]].
== History == It was established in 1969<ref name="ft20130915">{{Cite news |last=Johnson |first=Steve |date=15 September 2013 |title=Fidelity Worldwide scouts beyond the boomers for business |work=[[Financial Times]] |location=UK |url=https://www.ft.com/content/d6071a9a-196a-11e3-80ec-00144feab7de |url-status=live |access-date=18 December 2013 |archive-url=https://web.archive.org/web/20130927223109/http://www.ft.com/cms/s/0/d6071a9a-196a-11e3-80ec-00144feab7de.html#axzz2iWuz7f4F |archive-date=27 September 2013}}</ref> as an international investment subsidiary of Fidelity Management & Research, before becoming an independent business in 1980. Today, Fidelity International handles investments for clients in Europe, Canada, EMEA and Asia, while the US-based Fidelity Management and Research handles investments for clients in the USA.
In the same year that it was established, an office was opened in Tokyo,<ref name="Company Overview of Fidelity Investments Japan Limited">{{cite web |author= |title=Company Overview of Fidelity Investments Japan Limited |url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22771865 |url-status=dead |archive-url=https://archive.today/20131218115327/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22771865 |archive-date=December 18, 2013 |access-date=2013-12-18 |publisher=[[Bloomberg Businessweek]]}}</ref> followed by London in 1973,<ref name="iw20020525">{{Cite news | work=Investment Week | location=UK | title=Fidelity succeeds through evolution | url=http://www.investmentweek.co.uk/investment-week/news/1367271/fidelity-succeeds-evolution | date=25 February 2002 | access-date=18 December 2013 | archive-url=https://web.archive.org/web/20131219021006/http://www.investmentweek.co.uk/investment-week/news/1367271/fidelity-succeeds-evolution | archive-date=19 December 2013 | url-status=live }}</ref> Hong Kong in 1981<ref name="FIL Investment Management (Hong Kong) Limited">{{cite web |url=http://www.bcthk.com/BCT/html/eng/page/WMP0260/ICF0100/invest_popup.htm |title=FIL Investment Management (Hong Kong) Limited |publisher=BCTHK |access-date=2013-12-18 |archive-url=https://web.archive.org/web/20131219020858/http://www.bcthk.com/BCT/html/eng/page/WMP0260/ICF0100/invest_popup.htm |archive-date=2013-12-19 |url-status=live }}</ref> and Taipei in 1986. In 1990 the first Continental European office was opened in Amsterdam,<ref name="FIL (Luxembourg) S.A.">{{cite web |author= |title=FIL (Luxembourg) S.A. |url=https://fundlab.credit-suisse.com/dsp/provider_box2.cfm?prov=21 |url-status=dead |archive-url=https://archive.today/20131218115340/https://fundlab.credit-suisse.com/dsp/provider_box2.cfm?prov=21 |archive-date=December 18, 2013 |access-date=2013-12-18 |publisher=Credit Suisse}}</ref> when a number of Luxembourg funds for Continental Europe and Asia were launched. Expansion has continued, with Fidelity opening an office in India in 2001 and in China in 2004.
In 2012, then Chief Investment Officer [[Dominic Rossi]] expressed support for a [[United Kingdom|UK]] government plan to allow shareholders to veto bonus deals for boardroom members in companies, using what ''[[The Guardian]]'' called "unusually confrontational language for a major investor more accustomed to operating behind the scenes".<ref>{{Cite news |title=Fund manager Fidelity attacks executive pay and bonus bonanza |url=https://www.theguardian.com/business/2012/jan/18/fidelity-slams-executive-pay-bonuses |date=18 January 2012 |newspaper=The Guardian |access-date=11 December 2016 |archive-url=https://web.archive.org/web/20200108041031/https://www.theguardian.com/business/2012/jan/18/fidelity-slams-executive-pay-bonuses |archive-date=8 January 2020 |url-status=live }}</ref> Rossi has since campaigned to get UK [[long-term incentive plan]]s extended from three years to five.<ref>{{Cite news |title=Boardroom pay failing to reflect performance, fund manager claims |url=https://www.theguardian.com/business/2014/jul/03/boardroom-pay-fund-manager-dominic-rossi |date=3 July 2014 |newspaper=The Guardian |access-date=11 December 2016 |archive-url=https://web.archive.org/web/20160305072910/http://www.theguardian.com/business/2014/jul/03/boardroom-pay-fund-manager-dominic-rossi |archive-date=5 March 2016 |url-status=live }}</ref>
In March 2021, Fidelity International acquired a minority stake in [[Moonfare]] as part of the company's Series B funding round.<ref>{{cite news |last=Agnew |first=Harriet |title=Traditional asset managers race to expand private investment alternatives |url=https://www.ft.com/content/b1d8ae4d-30c6-4172-ba4d-729e3bf08bac |work=Financial Times |date=19 June 2022 |access-date=13 May 2026}}</ref> In April 2021, the two companies launched a distribution partnership focused on institutional and wholesale private market investment access in Europe.<ref>{{cite web |title=Fidelity and Moonfare join forces in strategic partnership |url=https://www.moonfare.com/blog/fidelity-moonfare-join-forces-strategic-partnership |website=Moonfare |date=15 March 2021 |access-date=13 May 2026}}</ref> The partnership was expanded into Asia in 2022.<ref>{{cite web |title=Fidelity International to broaden client access to private assets through expanded Moonfare partnership in Asia |url=https://www.fidelity.com.sg/articles/press-releases/2022-05-25-fidelity-international-to-broaden-client-access-to-private-assets-through-expanded-moonfare-partnership-in-asia-1653459928314 |website=Fidelity International |date=25 May 2022 |access-date=13 May 2026}}</ref>
{{As of|2025}}, Fidelity International reported US$1.086 trillion in total client assets and operated across more than 25 locations globally.<ref name="fidelity-business"/>
The company is privately owned; the majority of the company is owned by its employees, though the Johnson family still owns a substantial minority of 39.89% according to regulatory filings.<ref name=bloomberg2012>[https://www.bloomberg.com/news/articles/2012-09-19/hidden-johnson-billionaires-found-in-fidelity-fund-empire Hidden Johnson Billionaires Found in Fidelity Fund Empire] {{Webarchive|url=https://web.archive.org/web/20160923163833/http://www.bloomberg.com/news/articles/2012-09-19/hidden-johnson-billionaires-found-in-fidelity-fund-empire |date=2016-09-23 }}, Brendan Coffey, ''Bloomberg News'', September 20, 2012.</ref>
== Controversial investments == Fidelity International has been a major investor in [[Hikvision]] and [[SenseTime]], the former a Chinese surveillance technology manufacturer that was sanctioned in 2019 by the U.S. government for enabling [[persecution of Uyghurs in China|human rights abuses]] in [[Xinjiang]].<ref>{{Cite news|url=https://www.bbc.com/news/business-50887852|title=Investor defends backing blacklisted Chinese firm|date=2019-12-23|work=[[BBC News]]|access-date=2019-12-24|url-status=live|language=en-GB|archive-url=https://web.archive.org/web/20191224013035/https://www.bbc.com/news/business-50887852|archive-date=2019-12-24}}</ref><ref>{{Cite news|last=Mozur|first=Paul|date=2019-04-14|title=One Month, 500,000 Face Scans: How China Is Using A.I. to Profile a Minority|language=en-US|work=[[The New York Times]]|url=https://www.nytimes.com/2019/04/14/technology/china-surveillance-artificial-intelligence-racial-profiling.html|url-status=live|access-date=2020-05-22|issn=0362-4331|archive-url=https://web.archive.org/web/20190608204738/https://www.nytimes.com/2019/04/14/technology/china-surveillance-artificial-intelligence-racial-profiling.html|archive-date=2019-06-08}}</ref>
==References== {{Reflist}}
==External links== *{{official website}} {{Fidelity Investments}} {{Major asset management companies}} {{Authority control}}
[[Category:Fidelity International| ]] [[Category:Investment management companies of Bermuda]] [[Category:Financial services companies established in 1969]] [[Category:1969 establishments in Massachusetts]] [[Category:Asset management companies]]