Even though Fidelity’s mutual funds are performing strongly, with 62% in the top half of their category, the firm is looking for a new chief investment officer, Reuters reports. By comparison, in 2008, only 36% of the firm’s funds were in the top half.

Since March, Fidelity has named new equity and fixed income leaders, and since naming a new president in 2007, the firm has replaced a number of leading executives and hired a number of stock analysts.

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