(Reuters) - Net new client assets -- including sales of Fidelity and non-Fidelity mutual funds and individual securities -- fell 26 percent to $30.9 billion in the three months to June 30 from the year-earlier period, though Fidelity Brokerage Co. said the first few weeks of the third quarter were "very positive."
The drop in new client assets comes as rival Charles Schwab Corp. , a discount broker, said this week second-quarter net new assets rose 41 percent to $26.4 billion.
Read more at Reuters.com Market News
The drop in new client assets comes as rival Charles Schwab Corp. , a discount broker, said this week second-quarter net new assets rose 41 percent to $26.4 billion.
Read more at Reuters.com Market News
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