Fidelity, T. Rowe Cut Out Wall Street for CEO Meetings in Boston
- Firms setting up their own meetings for March 11-12 conference
- Previously the banks were the middleman in arranging these
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Investing giants including Fidelity Investments and T. Rowe Price Group Inc. are delivering on their ambition to cut out the middleman in arranging meetings with company executives.
The firms, which oversee more than $8 trillion, have independently set up access to such decision makers for their buyside CEO consumer conference next week in Boston, according to people briefed on the matter. At present the planners are monitoring the coronavirus outbreak and still plan to move forward with event, the people said.