Fidelity Investments said its assets under management have grown 9% since the end of 2008 to $1.4 trillion and that combining assets administered, it oversees $2.8 trillion, up 9% in that time.

The company credited the strong results with: diversification into retirement planning, 401(k) administration, employee benefits and open-architecture brokerage; fund performance; and agressive streamlining and cost-cutting. It also noted that its market share of the $9.1 trillion mutual fund industry grew from 11.7% at the end of June 2008 to 12.4% over the past year. Its share of the money market fund business rose to 14.5%, up from 12.7% at the end of 2008.

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