INCOME, MARKETS, STOCKS

Bruce Johnstone

Managing Director,

Fidelity Investments

  • Named America's Best Income Investor by Money Magazine in 1987
  • Graduate of Harvard College and Harvard Business School
  • US Navy Veteran

About Bruce

Between degrees from Harvard College and Harvard Business School, Bruce Johnstone served two years in the US Navy as an officer on a destroyer and joined Fidelity Investments in 1966. From 1972-1990, he managed the Fidelity Equity-Income Fund. During that period, the fund achieved a return of over 1100%, nearly twice that of the S&P 500. This return ranked Mr. Johnstone as the #1 equity-income fund manager in the nation for the 19-year period. In 1987, he was named America's Best Income Investor by Money Magazine. Eric Kobren, former publisher of Fidelity Insight, has said Mr. Johnstone ranks a close second to Peter Lynch as Fidelity's best all-time fund manager.

Bruce's Articles

Leading gurus and investment advisers ushered in The World Money Show in Orlando with forecasts and predictions for the months ahead in this turbulent market…
C. Bruce Johnstone is legendary for his all-encompassing knowledge spanning growth and income and domestic and international equities. Now managing director of Fidelity Investments, he began his career at that firm in 1966. As manager of the Fidelity Equity Income Fund from 1972 to 1990, Johnstone was the #1 equity income fund money manager for that 19-year period. Here's his latest outlook.

Bruce's Videos

Strong corporate profit growth in 2018 is now being confronted by huge financial requirements, late cycle economies, trade uncertainty, and China growth risk/geo-political crises. Can fiscal and monetary measures and trade breakthroughs hold off the gremlins? Are near-term resolutions likely or could market shuddering be in the offing?

Come to learn:




  • Economic uncertainty/geo-politics/politics/war/terrorism...Overwhelming? Or not?


  • Will the "free market" principles be offset by politics and trade wars?


How might we change the culture in Washington to reduce uncertainty and improve confidence in the private sector?





Supply chain uncertainty? Debt rising? Fed tightening? China slowing? Geo-political crises? Currency crises? Underfunded liabilities? Too much liquidity? Steep valuations? Political crises? Too much to resolve? Market shuddering just might make sense!

Monetary stimulus from virtually every central bank around the world has fostered a modest, but enduring
economic recovery since the financial crisis. Stock markets have followed suit for the past nine years. Now, that quantitative easing that has been rampant is on the cusp of being withdrawn. This presentation will attempt to discuss the ramifications of such a potential change in liquidity and its effects on world economic growth and the resultant markets outlook.
Monetary stimulus from virtually every central bank around the world has fostered a modest, but enduring economic recovery since the financial crisis. Stock markets have followed suit for the past nine years. Now, that quantitative easing, that has been rampant, is on the cusp of being withdrawn. This presentation will attempt to discuss the ramifications of such a potential change in liquidity and its effects on world economic growth and the resultant markets outlook.