Former fund pioneer who led Fidelity Investments with contrarian views dies 

Mark Battersby
clock • 2 min read

Edward ‘Ned' Johnson III, who built Fidelity Investments into a global financial-services firm and helped shape the money-management industry, died on 24 March. In a LinkedIn post on Thursday (24 March), Abigail Johnson, chair and chief executive of Fidelity Investments, said her father died at home in Florida surrounded by family. "Last evening we lost my father, Chairman emeritus of Fidelity Investments. He was first and foremost father to me and my sister Beth and brother Edward and husband to my mother Lillie.  "He passed away peacefully at home in Florida surrounded by his ...

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