Ms. Johnson will replace Robert C. Pozen, 54, on June 15 as president of Fidelity Management and Research, Fidelity's fund division.
Not all folios will be affected, said Eric D. Roiter, general counsel for Fidelity's mutual fund division.
Today, the hedge fund division accounts for just 3percentt of the overall firm's assets under management.
The bride, 28, is a market and industry research analyst in the mutual fund division of John Hancock Life Insurance Company in Boston.
Bank One, which was cited in that settlement, said yesterday that two senior executives of its $103 billion mutual fund division had left the company.
The company said in its latest filing that other employees of the mutual fund division "have been and will be asked to resign".
Her father, who is retired, was a vice president and the chief financial officer of the mutual fund division at the New York Life Insurance Company in New York.
The bridegroom, 29, is a vice president in New York for the hedge fund division of the Fortress Investment Group, where he deals with investor relations and raising capital for managed funds.
Bank One said yesterday that Mark Beeson, president of its fund division, and John AbuNassar, who supervised sales of the funds to pension funds and other institutions, had left the company.
The overhaul in its fund lineup came after the firm began discussions with AARP on strengthening their fund venture, said Bill Galvin, the chief operating officer of Scudder's mutual fund division.
