is once again on top of the mutual fund world. Morningstar's Russell Kinnel writes
that the PM of Fidelity Contrafund
] and Fidelity Advisor New Insights
is handling twice the AUM of the second-closest solo, active, domestic-stock mutual fund portfolio manager. That amount is once again more than $100 billion.
That is a lot of dough for one man to invest.
now holds $84 billion while Advisor New Insights
claims $19 billion.
Danoff first gained the title of "World's Largest Fund PM" more than 15 years ago when he handled $25 billion for Contrafund
. Over the past decade he gained 9.25 percent with the fund but failed to hold the title.
The number two manager on Morningstar's list
is also from Fidelity: Steve Wymer
PMs $44 billion in Fidelity Growth Company
T. Rowe Price Growth Stock
] PM Rob Bartolo
comes in third with about one-third of the assets Danoff PMs.
Sean Hanna, Editor in Chief
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