Contrafund’s $145 Billion Man Gets Help After 34-Year Solo Run
William Danoff in 2014.
Photographer: Scott Eells/Bloomberg
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The world’s biggest solo stock-picker is about to have company in his behemoth fund.
Will Danoff, who’s beaten the market over almost any conceivable time frame since 1991, has presided alone over the $145 billion Fidelity Contrafund for 34 years. From today, he will be joined by Fidelity Investments veterans Jason Weiner and Asher Anolic as co-portfolio managers, putting an end to one of the longest runs for a sole-manager in mutual fund history.