Abigail Johnson&#039;s Fidelity responsibilities are on the rise, Reuters reported Friday.

The news service Edwin C. &quot;Ned&quot; Johnson III has passed the title of chairman of the company&#039;s key mutual fund business to his daughter.

Reuters cites SEC documents in reporting that Abigail Johnson quietly became chairwoman of Fidelity Management &amp; Research Co., the company&#039;s mutual fund operation and the business for which Fidelity is business known.&lt;div class=&quot;feedflare&quot;&gt;
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