Fund in Focus: Fidelity Magellan
Harry Lange, manager since Oct. 31, 2005 S&P Rank: 2 Stars A New Cowboy Rides Herd
Magellan Manager Steps Down
The manager of the struggling Fidelity Magellan Fund (FMAGX) has stepped down. Fidelity Investments announced on October 31 that Robert Stansky retired from the $52.4-billion fund,...