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Fund Spy

Where Have New Managers Taken These Funds?

Looking at key manager changes to see what we've learned along the way.

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A version of this article first appeared in the March 2020 issue of Morningstar FundInvestor. Performance figures have been updated. Download a complimentary copy of FundInvestor by visiting the website. 

Sammy Simnegar recently took the helm at Fidelity Magellan (FMAGX) after a transition period in which he worked alongside the retiring Jeff Feingold. Simnegar has produced solid results at previous charges Fidelity International Capital Appreciation (FIVFX) and Fidelity Emerging Markets (FEMKX).

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Russel Kinnel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.