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.
| Ticker | Fund | Out with the old | In with the new | Dt |
| ACSCX | American Century Small Cap Value | James Pitman | Benjamin Giele and Jeff John | 5/12 |
| BMCAX | BlackRock Mid-Cap Value Equity | Anthony Forcione | Timothy Keefe | 5/12 |
| IRFAX | Cohen & Steers International Realty | Portfolio manager Scott Crowe is leaving the firm | Jon Cheigh | 5/12 |
| CSRSX | Cohen & Steers Realty Shares | No one, but … | Tom Bohjalian will join Jon Cheigh as comanager. | 5/12 |
| CSVAX | Columbia Strategic Investor | Emil Gjester and Jonas Patrikson have stepped down | Steven Schroll, Laton Spahr, and Paul Stocking will be the new managers. They’ve delivered solid performance on other Columbia funds. | 5/12 |
| EVRAX | Columbia Value & Restructuring | David Williams, manager since inception, retired. | Comanagers Nick Smith and Guy Pope remain. | 5/12 |
| FDSSX | Fidelity Stock Selector All Cap | No one, but … | Gordon Scott joined the team | 5/12 |
| FTEMX | Fidelity Total Emerging Markets | No one, but … | Greg Lee, an e.m. stock manager, became the 7th comanager | 5/12 |
| FRVLX | Franklin Small Cap Value | Y. Dogan Sahin has stepped down. | Four comanagers remain. | 5/12 |
| GIEIX | GE Institutional International Equity | Paul Nestro and Brian Hopkinson | Lead manager Ralph Layman and two comanagers remain | 5/12 |
| GUSIX | GE Institutional U.S. Equity | Thomas Lincoln | The other comanagers remain. | 5/12 |
| HRSVX | Heartland Select Value | Comanager Hugh Denison has stepped down in anticipation of retirement. | The comanagers remain. | 5/12 |
| IEDAX | ING Large Cap Value | David Powers | Comanagers Robert Kloss and Christopher Corapi remain | 5/12 |
| JCUAX | John Hancock II Currency Strategies J | No one, but … | Jeppe Ladekarl will join current managers Ken Ferguson and Dori Levanoni | 5/12 |
| JPSAX | JPMorgan US Dynamic Plus | Christopher Blum was promoted. | Alonzo, Dennis Ruhl, and Pavel Vaynshtok | 5/12 |
| SSIAX | Legg Mason Investment Counsel Social Awareness | David Kafes has left as comanager. | Aimee Eudy will join Ronald Bates as comanager | 5/12 |
| LAALX | Leuthold Asset Allocation | Long time co-manager, Andrew Engel died. | The other comanagers remain. | 5/12 |
| LCORX | Leuthold Core Investment | Long time co-manager, Andrew Engel died. | The other comanagers and Leuthold’s quant screens remain. | 5/12 |
| MGVAX | MainStay Government | No one, but … | Steven Rich was added as comanager. | 5/12 |
| MACSX | Matthews Asian Growth & Income | Jesper Madsen, who led the fund after Andrew Foster departed to found Seafarer Capital, stepped down | CIO Robert Horrocks and relative newbie Ken Lowe remain as comanagers | 5/12 |
| NTGAX | Nuveen Tradewinds Global Resources | David Iben, Alberto Jimenez Crespo, and Gregory Padilla are left to join Vinik Asset Management | Emily Alejos and Drew Thelen, the firms new co-CIOs | 5/12 |
| OAKLX | Oakmark Select | Henry Berghoef, long-time co-manager, will retire at the end of July. | Lead manager Bill Nygren will run the fund | 5/12 |
| PRBLX | Parnassus Equity Income | No one, but … | Benjamin Allen is promoted to comanager. | 5/12 |
| CVFCX | Pioneer Cullen Value | Subadvisor Cullen Capital Management, including team leader and firm founder, James Cullen | Edward “Ned” Shadek and John Peckham | 5/12 |
| TGGWX | TCW Enhanced Commodity Strategy | Claude Erb | Tad Rivelle joins current comanagers Steven Kane and Bret Barker | 5/12 |
| BNIEX | UBS International Equity | No one, but … | Stephan Maikkula was added as a comanager | 5/12 |
