AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Magellan Boosts Its Global Holdings; New Manager's Tack; Fidelity fund's foreign and tech stakes expand under Harry Lange.(MUTUAL FUNDS)(INVESTMENT TRENDS)

Investor's Business Daily

| February 01, 2006 | COPYRIGHT 2006 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: PAUL KATZEFF

Fidelity Magellan Fund is sporting a new look. And the fund is looking good, for a change.

Since Harry Lange replaced Robert Stansky at the helm of the $51 billion portfolio on Oct. 31, Lange has reshaped its holdings.

The fund's foreign-stock weighting jumped to 24.9% as of Dec. 31 from 4% as of Sept. 30.

In industry sectors, Lange boosted the fund's bet on tech to 25.8%, making it his largest. That was up from 20.5% in September.

To help do that, he cut consumer staples to 2.5% as of Dec. 31 from 7.2% in September.

On the day Lange switched from Fidelity Capital Appreciation, that now $7.3 billion fund had about a 35% stake in tech stocks.

Related articles from newspapers, magazines, journals, and more
Fitch Ratings Added to Markit's Individual Reference Entity Composite Rating.
Press release article from: Business Wire May 10, 2007 700+ words
...Standard & Poor's. The individual reference entity composite rating, along with other descriptive bond data, is available...of Fitch Ratings. "Markit's new calculation of its composite rating, offers the Markit Portal users a consensus view on credit...
Amend: Fitch Ratings Added to Markit's Individual Reference Entity Composite...
Press release article from: Business Wire May 10, 2007 700+ words
...Standard & Poor's. The individual reference entity composite rating, along with other descriptive bond data, is available...of Fitch Ratings. 'Markit's new calculation of its composite rating, offers the Markit Portal users a consensus view on credit...
Lange, Carl Georg
Dictionary definition from: Complete Dictionary of Scientific Biography January 1, 2008 700+ words
Lange, Carl Georg ( b. Vordingborg, Denmark, 4 December 1834; d. Copenhagen, Denmark, 29 May 1900) medicine, psychology. Lange ’ s father, Frederik Lange, was professor of education at Copenhagen University; his mother...
Lange, Marc. An Introduction to the Philosophy of Physics: Locality, Fields,...
Magazine article from: The Review of Metaphysics Goldberg, Nathaniel March 1, 2004 700+ words
LANGE, Marc. An Introduction to the Philosophy...textbook for philosophy of physics courses. Lange's philosophical topics should be accessible to undergraduates. Nonetheless, even with Lange's explanations, students without a physics...
Lange's Instant History
Newspaper article from: The Washington Post Hank Burchard May 26, 1995 700+ words
...YEARS AGO Ansel Adams said of Dorothea Lange: "I am critical of her technique, but...to endure, the photographs of Dorothea Lange will." Adams's comments were made in 1933, when most of Lange's best work was still to come. Adams...
Lange, Marc. Natural Laws in Scientific Practice.(Book Review)
Magazine article from: The Review of Metaphysics Staley, Kent December 1, 2002 700+ words
...skeptics. Hard-liners in both camps will find much to disagree with in Marc Lange's Natural Laws in Scientific Practice. I mean that as a compliment to Lange's work. Lange declines to offer a reductive account of laws of nature. Neither, however...
Lange, David: My Life.(Book review)
Magazine article from: Perspectives on Political Science Ormsby, Rita January 1, 2006 700+ words
Lange, David My Life Auckland, NZ: Viking 316...2005 This highly readable memoir by David Lange, New Zealand's prime minister from 1984...shortly before his death. Internationally, Lange's tenure is likely to be remembered for...
Lange keeps Pack baseball going: Lange helps keep Pack baseball program running...
Newspaper article from: Pueblo Chieftain (Pueblo, Colorado) February 11, 2007 700+ words
...statement best explains the life of Dave Lange, who now proudly boasts the monicker of...Pueblo baseball team on his profile. Lange, 63, has been CSU-Pueblo head coach...work with young people on a daily basis. Lange's arrival in Pueblo and his connection...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA