Because bond fund managers, traditionally, had made relatively modest impacts of their funds’ absolute returns, Manager Changes typically highlights changes in equity and hybrid funds.
Fund | Out with the old | In with the new | Dt |
American Century International Value Fund (ACVUX) | Managers Gary Motyl and Neil Devlin | Armando Lacayo and Elizabeth Xie | 11/11 |
Baron Fifth Avenue Growth (BFTIX) | Randall Haase | Alex Umansky, previously of Morgan Stanley | 11/11 |
Columbia LifeGoal Growth (NLGIX), Columbia LifeGoal Balanced Growth (NBIAX), Columbia LifeGoal Income & Growth (NLGAX), and Columbia LifeGoal Income (NLFAX) | Kent Bergene and Kent Peterson | Melda Mergen and Beth Vanney | 11/11 |
Columbia Overseas Value (COVIX) | No one, but . . . | Colin Moore joins the team | 11/11 |
Dreyfus High Yield Municipal Bond (DYBIX) | No one, but . . . | Jeffrey Burger joins as a manager, to work with current manager James Welch | 11/11 |
Dreyfus Intermediate Municipal Bond (DITEX) | No one, but . . . | Thomas Casey joins as a manager, to work with current manager Steven W. Harvey | 11/11 |
Fidelity Balanced(FBALX) and Fidelity Advisor Balanced (FABLX) | Matthew Friedman | Tobias Welo | 11/11 |
Fidelity Emerging Markets Discovery Fund (FEDDX) | It’s a new fund | Ashish Swarup | 11/11 |
Fidelity Small Cap Growth(FCPGX) | Lionel Harris | Pat Venanzi | 11/11 |
Fidelity Small Cap Stock(FSLCX) | Andy Sassine | Lionel Harris | 11/11 |
Fidelity Total Emerging Markets (FTEMX) | It’s a new fund | John Carlson | 11/11 |
Invesco Global Equity (GTNDX)and Invesco Structured Core (SCAUX) | Ralph Coutant | Michael Abata joins the team | 11/11 |
Legg Mason Capital Management Value Trust (LMVTX) | Bill Miller | Comanager Sam Peters will become lead portfolio manager | 11/11 |
Marshall Emerging Markets Equity (MIEMX) | subadvisor Trilogy Global Advisors | M&I Investments Management | 11/11 |
Oppenheimer Quest Opportunity Value (QVOPX) | Emmanuel Ferreira | Michelle Borré | 11/11 |
Templeton BRIC (TABRX), Templeton Emerging Markets Small Cap (TEMMX), and Templeton Asian Growth | No one, but . . . | The new team of Mark Mobius, Allan Lam, Dennis Lim, and Tom Wu. | 11/11 |
Templeton Frontier Markets (TFMAX) | No one, but . . . | Current solo manager Mark Mobius, will now be joined by Allan Lam, Dennis Lim, and Tom Wu. | 11/11 |