People

Peter Lynch

Peter Lynch

Formal First Name
Peter
Dates
1944 - present

Peter Lynch is one of the most successful and well-known investors of all time. Lynch is the legendary former fund manager of Fidelity Magellan Fund, one of the world's best known actively managed mutual funds. Under his management, FMAGX earned an annualized return of 29.2%, more than twice what the S&P 500 earned during that time. He is also the bestselling author of the pioneering book on investing, One Up on Wall Street, which has been translated into over 15 languages. Today, Lynch has become a prominent philanthropist and the Vice President of Fidelity Management & Research Company, the investment advisory arm of Fidelity Investments

Professional Experience


Academic History

FIDELITY MAGELLAN FUND

  • Lynch headed up one of the most lauded mutual fund successes in history

  • FMAGX was the best-performing mutual fund in the world under his watch, climbing from $18 million in assets to over $14 billion with over a million shareholders.

  • FMAGX  became the biggest fund in the world in 1983, and it continued to outperform all other funds for the next seven years.


FIDELITY INVESTMENTS


CURRENT APPOINTMENTS


EARLY CAREER

  • He has received honorary degrees from 15 colleges and universities, including his alma mater Boston College.

  • For 20 years, he served as chairman of the Inner-City Scholarship Fund, raising over $150 million in partial scholarships.

  • Many investors commonly point to Lynch as an example that active management can achieve superior results relative to the benchmark.

  • Before joining Fidelity, Lynch served as lieutenant in the U.S. Army for two years.


MEDIA & PUBLICATIONS