Fidelity Investments has selected Jeffrey Feingold as portfolio manager of its $17.4 billion Magellan Fund, The Wall Street Journal reports. He will take over the responsibilities from Harry Lange, who will remain with Fidelity in another position. Feingold has been working with Fidelity since 14 years. He will continue to run several mutual funds and portfolios he was previously overseeing at the firm, including the $1 billion Fidelity Trend fund.

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