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Fidelity’s new chief confronts market shift

Abigail Johnson must stem move away from mutual funds run by stock pickers

Getty Images
Getty Images

Abigail Johnson was so eager for change at mutual fund giant Fidelity Investments that she once tried to oust her own father as CEO, according to executives at the time.

A decade later, Abigail Johnson is finally in charge, and she appears no less willing to shake things up.

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