MutualFundWire.com: Fidelity Says Goodbye to a Star PM, For Four Months
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Wednesday, July 13, 2011

Fidelity Says Goodbye to a Star PM, For Four Months


A star Fidelity [see profile] PM is about to take some time off to write a book. Reuters' Ross Kerber reports that Joel Tillinghast -- PM of the $35.7-billion, four-star Fidelity Low-Priced Stock Fund -- will take a four-month leave of absence this fall, returning in January.

James Harmon, PM of the $5.2-billion Fidelity Advisor Small Cap Fund, will helm Low-Priced Stock in Tillinghast's absence. And Morningstar's Christopher Davis reports that "Harmon won't be able to trade stocks in the fund's top 50 holdings without consulting Tillinghast first."


Printed from: MFWire.com/story.asp?s=37310

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