Fidelity has recently shifted Fidelity Advisor New Insights' asset allocation from one sleeve manager to another. Nidhi Gupta now runs 40% of Fidelity Advisor New Insights' assets--up from 20% in early 2022. Will Danoff now manages 60%. The move is unsurprising given Fidelity's guidance that upon Gupta's mid-2020 arrival as comanager that her allocation would start at the shorter end of a range between 20% and 40% and is now back to the typical level that had been in place for most of the sleeve's life. The strategy's Morningstar Analyst Ratings are unchanged.
Will FINSX outperform in future?
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The People Pillar is our evaluation of the FINSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FINSX’s parent organization’s priorities and whether they’re in line with investors’ interests.