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