The Wall Street Journal: Top Fidelity stock picker fired over sexual-harassment allegations

A star stock picker at the mutual-fund giant Fidelity Investments was fired last month for allegedly sexually harassing a junior female employee, according to an attorney for the female employee and other people familiar with the matter.

Gavin Baker, 41, was one of the Boston-based investment firm’s most well-known fund managers, placing bets on technology companies such as Uber Technologies Inc. and Tesla Inc. TSLA, +0.30% during his eight years at the helm of the $16.4 billion Fidelity OTC Portfolio. He is also well known in Silicon Valley among venture capitalists and startup firms, as well as in the asset management industry.

A spokesman for Baker says he “strenuously” denies any “supposed” allegations of sexual harassment.

The female employee is a 26-year-old equity-research associate at the firm, and is currently on leave, people familiar with the matter said. Other junior employees also have complained to superiors about harassment by Baker, people familiar with the matter said.

An expanded version of this report appears at WSJ.com.

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