has named a portfolio manager to succeed Neal Miller
at the $3.4 billion New Millennium Fund
, a seven-year Fidelity veteran who has managed the Select Consumer Industries Fund
, the Fidelity Advisor Consumer Industries Fund
, and the VIP Consumer Industries Funds
, will replace Miller at the end of June. Miller announced his retirement in April, after skippering New Millennium through its 14-year history.
The fund, currently closed to most new accounts, has fallen sharply since Miller's announcement, reports Reuters
, stumbling along with the stock market.
and Robert Lee
will replace Roth at the helm of the Select Consumer Industries Portfolio.
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