Despite its relatively low profile, Fidelity Investments is a sprawling beast when it comes to financial services. Last year, the firm’s revenues surpassed the world’s largest asset manager, BlackRock, by more than 50 per cent. The FT’s Emma Dunkley explains how Fidelity has come to dominate the sector, the secrets behind its success, and what hurdles it may have to jump through in the coming years as new challenges for asset managers arise.

The FT does not use generative AI to voice its podcasts.

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For further reading:

Can Fidelity keep its grip on America’s investments?

The quiet queen of American finance

How Fidelity’s Ned Johnson defied the curse of the boss’s son

Trump opens US retirement plans to crypto and private equity investments

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Follow Emma Dunkley on X (@EmDunks). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

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In the UK, whistleblowers are encouraged to report wrongdoing, but often at cost to their livelihoods and careers. One solution would be to pay corporate whistleblowers for coming forward. However, many in government have held the idea for years that doing so is not very “British.” But now, longtime opposition to the idea seems to be shifting. Suzi Ring, the FT’s legal correspondent in London, explains how and why. Plus, we speak with Nick Ephgrave, the director of the UK’s Serious Fraud Office, who is taking inspiration from his decades spent with London’s Metropolitan Police Service to try to change the system.

Clips from ITV

If you missed part one of this series, listen to it here.

The FT does not use generative AI to voice its podcasts.

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For further reading:

Should corporate whistleblowers get paid?

Whistleblowers could earn millions as HMRC targets tax fraud

UK SFO director pushes to pay whistleblowers and use covert tactics

Corporate whistleblowing in the UK needs a shake-up

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Behind the Money host Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.

Hosted on Acast. See acast.com/privacy for more information.

In this special episode of Behind the Money, the FT’s senior business writer Andrew Hill interviews author Stephen Witt about his book The Thinking Machine: Jensen Huang, Nvidia, and the World’s Most Coveted Microchip. Witt and his book won the FT and Schroders Business Book of the Year for 2025.

The FT does not use generative AI to voice its podcasts.

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For further reading:

In future ‘books could respond’ says winning author Stephen Witt

FT and Schroders Business Book of the Year 2025 — the shortlist

FT and Schroders Business Book of the Year 2025 — the longlist

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Follow Andrew Hill on X (@andrewtghill) or on Bluesky (@andrewtghill.ft.com) and Stephen Witt (@stephenwitt) on X. Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.

Hosted on Acast. See acast.com/privacy for more information.