Fidelity Magellan Dials Up On Growth, Bounces Back?

Summary


Mark Jewell AP Personal Finance Writer

BOSTON -- In the 1980s, when stocks mostly surged, a few mutual fund managers became the equivalent of rock stars.

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Fidelity Magellan Dials Up On Growth, Bounces Back?

Tops among them: Peter Lynch, who racked up average annual returns of a remarkable 29 percent over a 13-year run.

Lynch did it at Fidelity Magellan, which continued to grow after he left in 1990. Wh...

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