Fidelity Considers Exit - Value Research: The Complete Guide to Mutual Funds

Fidelity, one of the world’s largest mutual funds, wants to sell off its business in India and get out of the country. By itself, such an exit is hardly something unusual in the Indian fund industry. Looking at the history of Indian fund companies, I can’t help but noticing that every single one of them (excepting those that have just started off) has had some upheaval or the other in its ownership. Stake sales, new partners coming in and old ones exiting are the norm rather than the exception.
Fidelity Considers Exit - Value Research: The Complete Guide to Mutual Funds