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M* Fund Times: Openings, Closings, Manager Changes

Comments

  • "ASTON has removed M.D. Sass Investors Services as a second subadvisor on ASTON/MD Sass Enhanced Equity (AMBEX). Anchor Capital Advisors will remain as the sole subadvisor, and the fund's name will change to ASTON/Anchor Capital Enhanced Equity."

    This is interesting because I think AMBEX is one of the long-short funds that David was planning to profile in the near future.
  • Summary:

    * Oppenheimer, Goldman Sachs Exit Target-Date Industry
    * Calamos Hires Value Team
    * Franklin Names New Comanagers
    * John Hancock Shuffles Managers
    * Legg Mason Proposes Mergers
    * Managers is dropping fees for some funds
    * Etc.
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