Industry needs Fidelity to recover

This summer, will you be worried about the weather, the six-plus-five rule, the state of the stock m...

This summer, will you be worried about the weather, the six-plus-five rule, the state of the stock market, Big Brother 99 (actually it's only number nine but it's embarrassing to admit I know that) or the future of Fidelity? Maybe I am getting old, or sad (or both) but the state of Fidelity will top my worry list. So why is it all going wrong for the daddy of fund managers? The group's near 30 years of history in the UK shows it goes through long periods of great growth followed by losing its way for a couple of years before getting back on track. It has currently lost its way. Big ti...