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Fidelity reshuffles managers
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February 14, 2000: 6:28 p.m. ET
Largest U.S. fund company reshuffles some of its top managers
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NEW YORK (CNNfn) - Fidelity Investments, the largest U.S. fund manager with $955 billion in assets, reshuffled some of its top managers.
Robert C. Bertelson will become the fund manager of the Fidelity Aggressive Growth Fund (FDEGX) succeeding Erin Sullivan who is leaving the company to pursue other career opportunities, the company reported Monday.
Bertelson, who joined Fidelity as an equity analyst in 1991, had been manager of the $11 billion Fidelity OTC Portfolio (FOCPX) since January 1997. That fund returned 72.53 percent for the year ended Dec. 31, 1999, according to Fidelity.
Meanwhile, Jason Weiner, manager of the $1.4 billion Fidelity Contrafund II (FCONX) since March 1998, will take over management of Bertelson's fund. Adam Hetnarski, who most recently managed the $442 million Fidelity Export and Multinational Fund (FEXPX), will take over the Fidelity Contrafund II.
Douglas Chase will now manage the Fidelity Export and Multinational Fund and continue running the U.S. equity portion of the $1 billion Fidelity Worldwide Fund (FWWFX).
In other news, Fidelity announced last week that Lawrence Rakers, manager of the Fidelity Select Computers Fund (FDCPX) and the Fidelity Advisor Technology Fund (FADTX), would also manage the Select Technology Fund after Andrew Kaplan announced he was leaving the firm to pursue other opportunities. Rakers joined the firm in 1993 and managed various funds from 1995 to 1999.
Also, Fidelity Emerging Markets Fund (FEMKX) manager David Stewart will become the new managing director of Fidelity Pensions Management. Patricia Satterhwaite, with the firm for 14 years, will take over the reins of the emerging markets fund. 
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Fidelity Investments
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