United States

Tim McLaughlin

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Mar 05 2018

Special Report: Fidelity puts 6 million savers on risky path to retirement

BOSTON For three years, the mutual funds in Fidelity's flagship retirement franchise have outperformed at least 85 percent of their competitors, reversing a decade-long trend of subpar performance.

Feb 27 2018

U.S. asset managers profit from gun industry retirement plans

BOSTON Some of the largest U.S. asset managers profiting directly from gunmakers' retirement plans are siding with the investment needs of workers while they review ways to address the sort of gun violence that left 17 dead at a Florida high school.

Feb 27 2018

Fidelity parent says profit surges despite stock fund withdrawals

BOSTON The parent of Fidelity Investments said on Tuesday that operating profit in 2017 rose 54 percent to $5.3 billion, even as customers continued to yank billions of dollars from its actively managed mutual funds.

Feb 09 2018

Fidelity restricts clients from buying 'fear gauge' ETF

BOSTON/NEW YORK Fidelity Investments on Friday told clients they could not buy shares in an exchange-traded fund that bets on the direction of Wall Street's "fear gauge," after the product was sideswiped by a selloff in stocks and lost 90 percent of its value this week.

Feb 07 2018

Fidelity's new asset allocation head tasked with stemming outflows

BOSTON Fidelity Investments has lured an executive from a rival firm to help stem billions of dollars in outflows from its flagship retirement franchise.

Feb 01 2018

Wells Fargo loses big client after dialing up risk in retirement funds

BOSTON After Wells Fargo & Co decided to ramp up risk in its flagship age-based retirement funds last year, one of its largest customers decided to call it quits, unhappy with the new investment strategy and how the bank handled the transition.

Jan 04 2018

Fidelity retirement funds take multiyear hit from commodities bet

BOSTON Fidelity Investments' bet on commodities for its flagship retirement funds has declined 38 percent over the past five years, while top rivals have avoided the sector altogether or made money with more-conservative strategies.

Dec 18 2017

Massachusetts and NY probing MetLife over unpaid pensions

Regulators in Massachusetts and New York State said on Monday they are probing MetLife Inc after the insurer revealed last week it had failed to pay pensions to potentially thousands of people.

Dec 11 2017

Fidelity keeps $2 billion mandate in New York after star manager's departure

BOSTON A large New York state retirement plan said on Monday it would keep a popular Fidelity tech fund, whose portfolio manager recently left the company after being accused of sexual harassment, to manage about 10 percent of its assets.

Nov 13 2017

Singapore founder's grandson names lawyer in contempt case

SINGAPORE/CAMBRIDGE, Massachusetts A nephew of Singapore's prime minister said a contempt of court proceeding against him, stemming from comments he made about the country's legal system, was "meritless" and he had appointed a lawyer to represent him.


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