Fidelity slid in net new inflows rankings for January, according to Financial Research Corp. Fidelity's net new client investments in its stock and bond mutual funds fell from fourth place to seventh place in January, or a 77% decline to $1.24 billion from the $5.3 billion it received in January 2004.

While fund companies such as PIMCO, T. Rowe Price and Dodge & Cox overtook Fidelity in January, Fidelity's fall was mirrored by the fund industry as a whole. Overall, net new inflows plunged to $20.2 billion in January from $48.6 billion in the year-ago period.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.