Established nearly 40 years ago, FIL Limited operates in markets outside the Americas. The company and its subsidiaries manage over $260.9 billion* for major institutions and millions of investors around the world. Edward C. Johnson 2d founded Fidelity Investments in Boston in 1946 as Fidelity Management and Research Company (FMR Co). In the same year, FMR established a Tokyo subsidiary to research Japanese companies and to advise on the Japanese segment of Fidelitys portfolios.