HK bans former Fidelity fund manager

Paolo Gorgo submits: Hong Kong's new commodity exchange started trading U.S. dollar-denominated gold futures on May 19. Originally slated to start operating at the end of 2009, the Hong Kong Mercantile Exchange (HKMEx) was authorized on April 27 2011, by the Securities and Futures Commission to operate as an automated trading services provider.

The Supreme Court is poised to hear two blockbuster cases on gay rights this week, with historic implications for a cause that is advancing politically at lightning speed.

By Osman Gulseven:FMR LLC, also known as Fidelity Investments is one of the largest institutional investors in the equity market. Established in 1946 by Edward C. Johnson, the company serves more than 20 million individual and institutional investors. Fidelity is a truly global investment titan with near $1.5 trillion of assets under management.

By Osman Gulseven:FMR LLC, also known as Fidelity Investments is one of the largest institutional investors in the equity market. Established in 1946 by Edward C. Johnson, the company serves more than 20 million individual and institutional investors. Fidelity is a truly global investment titan with near $1.5 trillion of assets under management.

Prudential shares will begin trading in Hong Kong and Singapore Tuesday morning as the British insurance giant taps the region to help fund its massive takeover of Asian insurer AIA.Prudential, which is keeping its primary listing in London, is hoping to woo Asian investors ahead of its planned 21-billion-US dollar rights issue to buy the Asian arm of troubled US insurer American International Group (AIG).

Tired of poor performance, Fidelity has replaced Harry Lange with Jeffrey Feingold as the manager of the Fidelity Magellan mutual fund FMAGX. Feingold has achieved an admirable track record for the funds he currently manages. Can Feingold right ship a sagging Magellan to ease the pain of long-suffering shareholders? To get the fund's prospects, read this review of the Fidelity Magellan mutual fund.