The press is again highlighting volatility at
Fidelity Magellan. The
Boston Globe's
Steven Syre reports on the
Harry Lange-managed fund's substantial drop in 2008 and its stronger performance so far in 2009.
Magellan, once managed by star Fido portfolio management alum
Peter Lynch, seems to regularly capture the imagination of the press. Since the financial crisis picked up steam in the fall,
Dow Jones,
Morningstar and the
Wall Street Journal have each cataloged the fund's woes (see
MFWire,
10/1/2008,
12/1/2008,
12/2/2008 and
2/13/2009).
In the Tuesday article in the Globe,
Fidelity Insight editor
John Bonnanzio, Morningstar analyst
Christopher Davis and
Fidelity Investor publisher
James Lowell all weigh in. 
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