Geode, Fidelity's Index-Fund Manager, Closes Hedge-Fund Business After Derivatives Bets Implode

Retrieved on: 2021-02-28 15:00:00

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Geode, Fidelity's Index-Fund Manager, Closes Hedge-Fund Business After Derivatives Bets Implode. View article details on hiswai:

Excerpt

Huge losses on derivative trades at Geode Capital Management have forced the giant investment firm to close down its hedge-fund business.

Article found on: www.wsj.com