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 |
| ALOPX | Allianz AGIC International Growth Opportunities | Subadvisor, Allianz Global Investors Capital Management | RCM Capital Management, with Andrew Neville as lead manager, assisted by Dennis Lai and Koji Nakatsuka | 6/12 |
| SSGRX | BlackRock Energy & Resources | Dan Rice is leaving under a dark cloud. | Comanager, Denis Walsh, will take over with help from Dan Neumann. | 6/12 |
| BROAX | BlackRock Global Opportunities | Michael Carey was ousted | Comanagers, Thomas Callan and Ian Jamieson, will stay. They will be joined by Nigel Hart. | 6/12 |
| BREAX | BlackRock International Opportunities | Michael Carey is out as comanager | Comanagers, Thomas Callan and Ian Jamieson, will stay. They will be joined by Nigel Hart. | 6/12 |
| MDLRX | BlackRock Large Cap Core | Robert Doll is retiring, an announcement oddly coincident with a scandal.. | CIO Christopher Leavy, will take on management duties as well. | 6/12 |
| BALPX | BlackRock Large Cap Core Plus | Robert Doll is retiring. | CIO Christopher Leavy, will take on management duties as well. | 6/12 |
| MDLHX | BlackRock Large Cap Growth | Robert Doll is retiring. | CIO Christopher Leavy, will take on management duties as well. | 6/12 |
| MDLVX | BlackRock Large Cap Value | Robert Doll is retiring. | CIO Christopher Leavy, will take on management duties as well. | 6/12 |
| HRCVX | Eagle Growth & Income | No one, but . . . | David Powers joins as a fourth portfolio manager | 6/12 |
| EVIBX | Eaton Vance Income Fund of Boston | Tom Huggins is no longer manager of several Eaton Vance funds. | Michael Weilheimer will continue | 6/12 |
| KAUAX | Federated Kaufmann | Jonathan Gold | Tom Brakel joins the team which includes Hans und Franz, managers since 1986. The fund really is a shadow of its former self – bloated, overpriced, underperforming | 6/12 |
| FKASX | Federated Kaufmann Small Cap | No one, but . . . | Tom Brakel joins the team. | 6/12 |
| FSDIX | Fidelity Strategic Dividend & Income | Chris Sharpe, who will be concentrating on the firm’s target-date lineups | Current comanager, Joanna Bewick, will take the lead role, joined by Ford O’Neil, who heads up Fidelity Total Bond (FTBFX) | 6/12 |
| FSICX | Fidelity Strategic Income | Chris Sharpe, who will be concentrating on the firm’s target-date lineups | Current comanager, Joanna Bewick, will take the lead role, joined by Ford O’Neil, who heads up Fidelity Total Bond (FTBFX) | 6/12 |
| FSRRX | Fidelity Strategic Real Return | Chris Sharpe | Current comanager, Joanna Bewick, will take the lead role, joined by Ford O’Neil, who heads up Fidelity Total Bond (FTBFX) | 6/12 |
| FTBFX | Fidelity Total Bond | No one, but . . . | Jeff Moore will join Ford O’Neil as a comanager, as O’Neil steps up at several other Fidelity funds. | 6/12 |
| IFCAX | ING Greater China | Michael Chiu and Bratin Sanyal | William Pang and Guy Uding, who joined earlier this year, will continue. | 6/12 |
| LETRX | ING Russia | Remco Vergeer | Nathan Griffiths joins Angus Alexander Roberton | 6/12 |
| ASMMX | Invesco Summit | No one, but . . . | Erik Voss will join the team of this endlessly mediocre offering | 6/12 |
| IVBAX | Ivy International Balanced | No one, but . . . | W. Jeffrey Surles joins lead manager John Maxwell. | 6/12 |
| LZISX | Lazard International Small Cap Equity | Brian Pessin | The rest of the team continues. | 6/12 |
| LISIX | Lazard International Strategic Equity | Brian Pessin | The rest of the team continues. | 6/12 |
| SPAAX | Legg Mason Capital Management All Cap | Bill Miller is stepping down, in preparation for his retirement. He recently stepped down from managing Legg Mason Capital Management Value (LMVTX) as well. | Jay Leopold will continue on. | 6/12 |
| LRRAX | Legg Mason Strategic Real Return | Andrew Purdy | Patricia Duffy | 6/12 |
| LCFIX | Lord Abbett California Tax Free | No one, but . . . | Paul Langlois joins existing comanager, Daniel Solender. | 6/12 |
| MGEMX | Morgan Stanley Institutional Emerging Markets | Comanager James Cheng is planning an end-of-year retirement | Munib Madni and Samuel Rhee have joined the team | 6/12 |
| NMIEX | Northern Multi-Manager International Equity | Tradewinds Global Investors is no longer a subadvisor. Tradewinds has been removed as subadvisor on several funds after David Iben announced his departure. | EARNEST Partners will be added as a subadvisor | 6/12 |
| GRAAX | Pioneer Ibbotson Growth Allocation fund | Peng Chen resigned as president of Ibbotson and is no longer listed as manager on Pioneer Ibbotson Asset Allocation series. | Paul Arnold joins comanagers Scott Wentsel and Brian Huckstep. | 6/12 |
| PGEAX | Putnam Global Energy | Jessica Wirth | Greg Kelly will join current comanager, Steve Curbow | 6/12 |
| PGTAX | Putnam Global Technology | George Gianarikas has left the firm. | Brian Hertzog | 6/12 |
| PUGIX | Putnam Global Utilities | George Gianarikas has left the firm. | Sheba Alexander | 6/12 |
| TFEQX | Templeton Institutional Foreign Equity Series | Gary Motyl, a key manager and CIO of Templeton, died last week. | The rest of the team continues on. | 6/12 |
| SASPX | Wells Fargo Advantage Asia Pacific | No one, but . . . | Alison Shimada joins Anthony Cragg as comanager | 6/12 |
| SCSAX | Wells Fargo Advantage Common Stock | No one, but . . . | Thomas Wooden joins the team of Ann Miletti and Marina Carlson. | 6/12 |
| EKGAX | Wells Fargo Advantage Global Opportunities | No one, but . . . | Oleg Makhorine has been added as a comanager | 6/12 |
