The 17-bedroom Jura Hotel is popular with both locals and visitors to the island and boasts a superb prominent position with open views over Small Isles Bay , just off the Scottish mainland.
Geode has helped Fidelity gain back ground lost to passive-investing giants Vanguard and BlackRock Inc.
(Feb 10): Blocks from Fidelity s headquarters, a team of quants toil in relative anonymity. They re also a key weapon in the investment firm s fight to take on all rivals, from Vanguard Group to Robinhood Markets Inc.
Geode Capital Management Inc was spun out of the Boston-based firm nearly two decades ago. At the time, Fidelity Investments Inc was content to be undercut by rivals in the low-cost index business and didn t want to overshadow its powerful and famous stock pickers.
Today, Geode is the key plank in the firm s effort to lower the costs of investing across all of its businesses. It has helped Fidelity gain back ground lost to passive-investing giants Vanguard and BlackRock Inc.