Fidelity International is a privately owned company headquartered in the UK. Founded in 1969, the company employs approximately 9,810 individuals. It specializes in financial services, offering investment solutions and retirement expertise to institutions, individuals, and their advisers.
On October 8, 2026, Fidelity International’s Salman Ahmed stated at a Fidelity European media summit that the global economy would be in recession if not for the massive capital expenditure from AI hyperscalers. Previously, on October 7, Scottish Friendly successfully completed its acquisition of pension and annuity in-payment books of business from Fidelity International. This transaction, initially announced in April 2025, involved the transfer of £2.3 billion in assets under management and approximately 35,000 policyholders, increasing Scottish Friendly's total assets under management to £6.8 billion.
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