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Oct 28, 2019 · So he quit — not only Magellan and Fidelity Investments but the mutual fund business altogether, striking out with his own hedge fund instead.
- Richard Teitelbaum
Vinik managed the Fidelity Magellan Fund from 1992 to 1996, where he averaged 17% annual returns. [6] After leaving Fidelity, he started hedge fund Vinik Asset Management, with partners including Michael Gordon (now President of Fenway Sports Group).
Oct 18, 2018 · Jeff Vinik, the owner of the Tampa Bay Lightning and former manager of Fidelity Magellan fund, is known for his outsized bets as an investor. His latest one: silk.
Jan 10, 2019 · The Wall Street Journal reported Vinik is targeting a fundraise of $3 billion and plans to launch the fund on March 1. Vinik rose to fame in the mid-1990s at Fidelity, when he served as the ...
- Amy Whyte
Jan 10, 2019 · Vinik, who once ran Fidelity's Magellan mutual fund and then oversaw $10 billion at his own hedge fund, is starting for a third time, he told Reuters on Thursday.
Oct 24, 2019 · Institutional investors have lost their appetite for stockpickers after years of poor performance, according to the former Fidelity Investments star Jeff Vinik, who announced the closure of...
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Apr 6, 2024 · He became a star at Fidelity and went on to manage their world-renowned Fidelity Magellan Fund in the mid-1990s, earning investors a whopping 17% in average annual returns.
