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 |
|
TWNAX |
American Century New Opportunities |
Stafford Southwick is no longer a comanager |
New manager, Jeffrey Otto, joins existing comanager, Matthew Ferretti |
1/13 |
|
ANOAX |
American Century Small Cap Growth |
Stafford Southwick is no longer a comanager |
New manager, Jeffrey Otto, joins existing comanager, Matthew Ferretti |
1/13 |
|
ARTHX |
Artisan Global Equity |
Barry Dargan, the lead manager, left after a long year-end conversation. |
Andrew Euretig and Charles-Henri Hamker will join comanager Mark Yockey |
1/13 |
|
SGQAX |
DWS Global Thematic, renamed as DWS Global Growth |
Manager Oliver Kratz and his firm, Global Thematic Partners |
An in-house team led by Joseph Axtell |
1/13 |
|
SLANX |
DWS Latin America Equity |
Rainer Vermehren and Robert Kalin |
Luiz Ribeiro, Thomas U. Petschnigg, and Danilo Pereira |
1/13 |
|
FBMPX |
Fidelity Select Multimedia |
Kristina Salen |
Nidhi Gupta |
1/13 |
|
FSTCX |
Fidelity Select Telecommunications |
Kristina Salen |
Matthew Drukker |
1/13 |
|
FKINX |
Franklin Income |
No one, but . . . |
Matt Quinlan and Alex Peters joined as comanagers |
1/13 |
|
GQETX |
GMO Quality III |
William “Chuck” Joyce stepped down as the lead manager at age 42. |
Comanagers Tom Hancock and David Cowan will remain, with support from other elements of GMO’s Quality team |
1/13 |
|
JCUAX |
JHancock2 Currency Strategies |
Ken Ferguson retired |
Dori Levanoni and Jeppe Ladekarl remain |
1/13 |
|
LZHYX |
Lazard U.S. High Yield |
J. William Charlton |
David R. Cleary |
1/13 |
|
MSILX |
Litman Gregory Masters International |
No one, but . . . |
Wellington Management Company and Lazard Asset Management have been added as subadvisors, bringing the total number of subadvisors to seven. |
1/13 |
|
OAKLX |
Oakmark Select |
No one, but . . . |
Win Murray and Tony Coniaris will join Bill Nygren, who’s been managing the fund alone since comanager Henry Berghoef stepped down in July |
1/13 |
|
UMBSX |
Scout Stock |
Larry Valencia ducked out as folks began turning off the lights. |
James Reed will continue on until the fund liquidates in March 2013 |
1/13 |
|
SSSAX |
SunAmerica Focused Small-Cap Value |
Daniel Lew |
Timothy Pettee and Jay Merchant |
1/13 |
|
TSIAX |
Thornburg Strategic Income |
George Strickland will be retiring |
Jason Brady, comanager since fund inception, will remain. |
1/13 |
|
MXAIX |
Touchstone Micro Cap Value Fund |
Subadvisor, Fifth Third Asset Management, along with managers Michael Barr, Craig Nedbalski, and Eric Holmes |
Russell Implementation Services will serve as interim subadvisor with Wayne Hollister and Benjamin Linford as comanagers. |
1/13 |
