Due to a recent flood of outflows from its U.S. stock funds, Fidelity Investments is on a mission to expand its research group, and the move is forcing rivals to safeguard their best talent for fear of being cannibalized, according to the Boston Business Journal.

Boston-based Fidelity intends to spend $100 million to recruit 75 new analysts, a move that would double the amount of its researchers by May 2006.

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