Will Danoff joined Fidelity as an equity research analyst in 1986, after graduating from the Wharton School of the University of Pennsylvania. He covered the retail industry and managed the Fidelity Select Retailing Portfolio from 1986 to 1989.
Mr. Danoff served as the portfolio assistant for the Magellan Fund in 1989 and 1990, before being asked to manage the Fidelity Contrafund in September 1990. The fund is the largest solely managed active equity mutual fund in the world. Contrafund strategies have more than $136 billion in assets.
Mr. Danoff started Fidelity Advisor New Insights Fund in 2003, which has grown to $24 billion. He currently co-manages the fund with John Roth. He started Fidelity Series Opportunistic Insights Fund in 2012, which has grown to $6 billion.
In addition, Mr. Danoff resumed management of the $16 billion Fidelity VIP Contrafund in May 2018, a portfolio he launched in 1995 before handing off to colleagues in 2007. He co-manages that fund with Jean Park.
Mr. Danoff also manages the Canadian Fidelity Insights Investment Trust, Japan U.S. Equity Investment Trust, and comanages the Canadian Global Growth & Value Investment Trust1 with Joel Tillinghast. These strategies were launched in January 2017, May 2018, and June 2018, respectively, and have grown to over $4 billion in aggregate.
Morningstar named Mr. Danoff "Domestic Stock Manager of the Year"3 in 2007.
Ticker | Fund Name | Net Asset ($ M)* |
---|---|---|
FCNKX | Fidelity Contrafund K Fund | $91030 M |
FCNTX | Fidelity Contrafund | $91030 M |
FINSX | Fidelity Advisor New Insights Fund | $14890 M |
FLCNX | Fidelity Contrafund K6 Fund | $19090 M |
FVWSX | Fidelity Series Opportunistic Insights Fund | $7890 M |
FFPIX | Fidelity Flex Opportunistic Insights Fund | $28.94 M |
* Net Assets include for all classes