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Fidelity Loses Another Manager to Hedge Fund

Erin Sullivan, manager of one of Fidelity Investments' most popular mutual funds, leaves to become an entrepreneur.

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Another high-profile manager at Fidelity Investments has followed the call of the hedge fund.

Erin Sullivan, the 29-year-old manager of  Fidelity Aggressive Growth (FDEGX), has decided to leave the $17 billion fund she has run for the last two years to form a hedge fund.

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Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.