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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).

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