Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Tillinghast Returns Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, January 13, 2012

Tillinghast Returns

News summary by MFWire's editors

Fund manager Joel Tillinghast is back at the helm of the $32-billion Fidelity Low-Priced Stock Fund. Tillinghast took a four-month leave, which he spent writing a book and mentoring some new analysts of the firm.

Morningstar covered his return in this week's Fund Times column.

During his absence, Jamie Harmon, Justin Bennett, Katherine Buck, Rayna Lesser, John Mirshekari and Shadman Riaz co-PM'd the fund. Upon his return, Fidelity announced that they will still manage 5 percent of the assets, which amounts to roughly $1.6 billion.

The largest slice out of the 5 percent will be managed by Harmon, who assumed the leadership in Tillinghast's absence, and also manages the $4.3 billion Fidelity Advisor Small Cap Fund.

Morningstar reports:
There is no evidence that Tillinghast is on his way out--indeed, he plans to manage the fund for several more years. However, Fidelity did say this was part of the succession plan at this offering.
 

Edited by: HFD


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use