The press is again highlighting volatility at Fidelity Magellan
. The Boston Globe
's Steven Syre reports
on the Harry Lange
-managed fund's substantial drop in 2008 and its stronger performance so far in 2009.
Magellan, once managed by star Fido portfolio management alum Peter Lynch
, seems to regularly capture the imagination of the press. Since the financial crisis picked up steam in the fall, Dow Jones
and the Wall Street Journal
have each cataloged the fund's woes (see MFWire
In the Tuesday article in the Globe, Fidelity Insight
editor John Bonnanzio
, Morningstar analyst Christopher Davis
and Fidelity Investor
publisher James Lowell
all weigh in.
Stay ahead of the news ... Sign up for our email alerts now