Skip to content
Subscriber Only

Fidelity Steps Up Anti-Harassment Push After Ousters

  • Fund giant mandates new training, forms response committee
  • CEO Johnson moves her office to sit near equity managers
Activists Protest Mutual Fund Companies With Darfur Investments

Photographer: Chip Somodevilla/Getty Images 

Fidelity Investments, the fund company that dismissed two portfolio managers in recent months over incidents of inappropriate sexual behavior, has taken steps to show it is dealing with the problem.

The Boston-based company created a sexual-harassment response committee that includes Fidelity executives as well as a representative from an outside law firm, conducted a cultural survey with investment professionals and required that all its employees undergo new training, according to a person familiar with the policy changes. The Boston Globe reported the developments earlier Thursday.