Fidelity Won't Rebrand Contrafund
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Friday, January 07, 2011

Fidelity Won't Rebrand Contrafund

Fidelity Contrafund [see profile] may not be as focused on contrarian investing as it once was, but don't expect the Boston Behemoth to change the giant mutual fund's name any time soon. That's one of the tidbits revealed by Reuters' Ross Kerber, to whom Contrafund PM William Danoff granted a rare interview.

Will Danoff
"The powers that be, well above my pay grade, have decided never to change the name," Danoff reportedly said.

Fundsters interested in finding out more about Danoff and his strategy for the $72 billion fund (which Reuters describes as "the largest actively managed stock fund under a single manager and Fidelity's largest aside from money market vehicles") may want to check out the rest of the article.

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