Word: servison
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...Fidelity will say that the changes indicate the company is becoming more conservative or reining in its young stars. Roger Servison, executive vice president of Fidelity Investments, says the company has "tweaked" the system. "It was not totally reinvented," he says. "But there is more control over risk management and better coordination within and among groups to avoid duplication." Adds Vanderheiden: "The culture of performance is still there. But they're saying, 'Take a little of the amplitude off the bottom and the top.' People here are grappling with how to do that." (To an outsider, taking the amplitude...
...they consider Bush's to be stifling in its sameness. To differing degrees, both candidates have proposed more spending and incentives for infrastructure and technology, which has boosted some stocks in those categories. But the overall market will probably stay in a holding pattern until Nov. 3, says Roger Servison, retail-group president at Fidelity Investments. Says he: "There's a lot of pent-up demand building out there...
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