Following Fidelity Investments’ management shake-up last week, industry insiders are speculating on who will succeed Edward “Ned” Johnson as chief executive officer, The Economic Times reports.

Robert Reynolds was a favorite, but he resigned his post as chief operating officer last week. Others have been betting on Johnson’s daughter, Abigail, but now that Fidelity has promoted Ellyn McColgan to oversee distribution and operations, some think she will be thrust into the vaulted position.

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