Fidelity Investments’ Assets Jump Nearly 9% to Hit $6.4 Trillion

Fidelity Investments, the world’s third-largest investment manager, posted an 8.5% gain in assets in its funds over the previous quarter.

Assets under management, which are held in Fidelity’s own investment funds and managed accounts, reached $6.4 trillion at the end of June, up from $5.9 trillion at the end of March and $5.5 trillion a year ago, the Boston-based firm said Wednesday in a statement. The firm now has $16.4 trillion in assets under administration.