I spoke with Colby Penzone, the senior vice president for Fidelity’s Investment Products Group, on July 1 about those announcements. - From ValueWalk
I lead a group of product managers and we are responsible for the product strategy, development and management of the equity and high-yield products that we distribute at Fidelity.
That includes both our active retail and advisor fund lineups, index products, the sector lineup of index ETFs that we have and our institutional strategies, which include co-mingled pools, separate accounts and other offerings.
Over that period of time, we have continuously expanded the lineup and sought to provide as compelling a low-cost offering as we can to our clients.
We are constantly scanning the marketplace.
There are certainly the advisors to whom we provide platform or custody services, and there is a broad set of capabilities that we bring to bear in those relationships, from technology and capital markets services to practice management and investment insights.