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 |
| APJAX | Aberdeen Asia-Pacific (ex-Japan) Equity Fund | Chou Chong will no longer serve as a portfolio manager for the fund. | Hugh Young, Flavia Cheong, Adrian Lim, and Christopher Wong will continue to manage the fund. | 2/16 |
| APCAX | Aberdeen Asia-Pacific Smaller Companies Fund | Chou Chong will no longer serve as a portfolio manager for the fund. | Hugh Young, Flavia Cheong, Adrian Lim, and Christopher Wong will continue to manage the fund. | 2/16 |
| BHGSX | Baird LargeCap Fund | Baird Kailash Group will no longer subadvise the fund. | L2 Asset Management will be the new subadvisor to the fund. Sanjeev Bhojraj will join Matthew Malgari in managing the fund. | 2/16 |
| BAEMX | BMO LGM Emerging Markets Equity Fund | No one, but … | Irina Hunter and Rasmus Nemmoe are joined by Rishikesh Patel in managing the fund. | 2/16 |
| ASVAX | Columbia Multi-Advisor Small Cap Value Fund | Mark Dickherber and Shaun Nicholson are no longer listed as portfolio managers for the fund. | Kari Montanus and Richard Rosen will manage the fund. | 2/16 |
| AAIFX | Crow Point Alternative Income Fund, formerly Armor Alternative Income Fund | Joel Price (which is to say, “Armor”) is gone. | Peter DeCaprio, Andrew Tuttle, Charles Chen, Amit Chandra, and Ian Arvin are now managing the fund. | 2/16 |
| TOLLX | Deutsche Global Infrastructure Fund | John Robertson is no longer listed as a portfolio manager for the fund. | John Vojticek, Francis Greywitt, and Manoj Patel continue to manage the fund. | 2/16 |
| DSLAX | Deutsche Strategic Equity Long/Short Fund | Omega Advisors will no longer subadvise the fund, effective April 15, 2016 | The other three subadvisors, Atlantic Investment Management, Chilton Investment Management, and Lazard Asset Management, remain. | 2/16 |
| FIDSX | Fidelity Select Financials Sector | Christopher Lee is no longer listed as a portfolio manager for the fund. | Daniel Dittler will continue to manage the fund. | 2/16 |
| FSHCX | Fidelity Select Health Care Services Portfolio | Steven Bullock is no longer listed as a portfolio manager for the fund. | Justin Segalini and Edward Yoon are managing the fund. | 2/16 |
| FLSRX | Forward Credit Analysis Long Short | Joseph Deane is expected to retire at the end of May, 2016 | David Hammer will soldier on alone | 2/16 |
| PGEOX | George Putnam Balanced Fund | Kevin Murphy is no longer listed as a portfolio manager for the fund. | Aaron Cooper is joined by Paul Scanlon. | 2/16 |
| GHAFX | Granite Harbor Alternative Fund | Chilton Capital Management, Coe Capital Management, Phineas Partners, and Tiburon Capital Management are all out as subadvisors to the fund | Genesis Capital will continue to advise the fund and SeaBridge Investment Advisor remains listed as a subadvisor to the fund. | 2/16 |
| GHTFX | Granite Harbor Tactical Fund | Chilton Capital Management, Coe Capital Management, Phineas Partners, and Tiburon Capital Management are all out as subadvisors to the fund | Genesis Capital will continue to advise the fund and SeaBridge Investment Advisor remains listed as a subadvisor to the fund. | 2/16 |
| HRTVX | Heartland Value Fund | Adam Peck has resigned from his role as portfolio manager. | Eric Miller has been promoted to co-manager and will manage the fund with current co-manager, William Nasgovitz. | 2/16 |
| CAAMX | Invesco Conservative Allocation Fund | Scott Wolle, Christian Ulrich, Scott Hixon, Chris Devine, and Mark Ahnrud are no longer listed as portfolio managers for the fund. | Jacob Borbidge and Duy Nguyen are managing the fund. | 2/16 |
| AADAX | Invesco Growth Allocation Fund | Scott Wolle, Christian Ulrich, Scott Hixon, Chris Devine, and Mark Ahnrud are no longer listed as portfolio managers for the fund. | Jacob Borbidge and Duy Nguyen are managing the fund. | 2/16 |
| AMKAX | Invesco Moderate Allocation Fund | Scott Wolle, Christian Ulrich, Scott Hixon, Chris Devine, and Mark Ahnrud are no longer listed as portfolio managers for the fund. | Jacob Borbidge and Duy Nguyen are managing the fund. | 2/16 |
| JEITX | JPMorgan Global Research Enhanced Index Fund | No one, but … | Piera Elisa Grassi has joined Ido Eisenberg and James Cook in managing the fund. | 2/16 |
| OEIAX | JPMorgan International Research Enhanced Equity Fund | No one, but … | Piera Elisa Grassi has joined Demetris Georghiou, Ido Eisenberg and James Cook on the management team. | 2/16 |
| MIEIX | MFS Institutional International Equity | Marcus Smith will be leaving on April 1, 2016 | Filipe Benzinho is joining Daniel Ling to manage the fund. | 2/16 |
| MALGX | Mirae Asset Emerging Markets Fund | No one, but … | Bert van der Walt is joining Jose Morales and Rahul Chadha in managing the fund | 2/16 |
| MCCGX | Mirae Asset Emerging Markets Great Consumer Fund | No one, but … | Bert van der Walt is joining Jose Morales and Joohee An in managing the fund | 2/16 |
| MGUAX | Mirae Asset Global Great Consumer Fund | No one, but … | Ryan Coyle will join Jose Morales in managing the fund. | 2/16 |
| NBGNX | Neuberger Berman Genesis Fund | No one, quite yet. However, Michael Bowyer has announced his decision to retire from the asset management business on July 31, 2016. | The rest of the team — Judith Vale, Robert D’Alelio, Brett Reiner, and Gregory Spiegel — will remain as managers of the fund. | 2/16 |
| PCOAX | Putnam Capital Opportunities Fund | Randy Farina and John McLanahan are no longer listed as portfolio managers for the fund. | Pam Gao will manage the fund. | 2/16 |
| PNVAX | Putnam International Capital Opportunities Fund | John McLanahan is no longer listed as a portfolio manager for the fund. | Brett Risser and Robert Schoen will manage the fund. | 2/16 |
| PVOYX | Putnam Voyager Fund | Nick Thakore is no longer listed as a portfolio manager for the fund. He produced his peer group’s most volatile and worst-performing fund, and managed to last eight years on the job. | Robert Brookby , whose other funds are admirably mediocre, will now manage the fund. | 2/16 |
| RWDNX | Redwood Managed Volatility Portfolio | Bruce DeLaurentis is no longer a portfolio manager of the fund. | Michael Cheung has been promoted to serve as a portfolio manager with Michael Messinger. | 2/16 |
| SEAKX | Steward Select Bond Fund | No one, but Edward Jaroski is beginning to plan for his retirement. | Upon Mr. Jaroski’s retirement, the fund will continue to be managed by Victoria Fernandez and Claude Cody. | 2/16 |
| FSAMX | Strategic Advisers Emerging Markets Fund | No one, but … | John Chow and Cesar Hernandez are joining Wilfred Chilangwa, John Chisholm, Matthew Vaight, and Edward Robertson on the management team. | 2/16 |
| FSGFX | Strategic Advisers Growth Fund | Vincent Zelenko is no longer listed as a portfolio manager for the fund. | Niall Devitt joins the extensive management team. | 2/16 |
| PRHSX | T. Rowe Price Health Sciences | Taymour Tamaddon, an unsung superstar, will be stepping down as portfolio manager of the fund on July 1, 2016. | Ziad Bakri will join Mr. Tamaddon as co-manager and will become sole portfolio manager in July. | 2/16 |
| TEMAX | Touchstone Emerging Markets Equity Fund | AGF Investments is no longer subadvising the fund. Stephen Way is no longer listed as a portfolio manager. | Russell Investments has been named as an interim advisor, with Wayne Hollister managing the fund. | 2/16 |
| TGAAX | Touchstone Global Real Estate | Douglas Funke, Daniel Pine and Jana Sehnalova are no longer listed as portfolio managers for the fund. | Russell Investments has been named as an interim advisor, with Wayne Hollister managing the fund. | 2/16 |
| VPTSX | Vantagepoint Inflation Focused Fund | Rajen Jadav no longer serves as a portfolio manager. | Mihir Worah, Martin Hegarty, Gargi Chaudhuri, and Greg Wilensky will continue to manage the fund. | 2/16 |
| WHVIX | WHV International Equity Fund | Richard Hirayama is no longer listed as a portfolio manager for the fund. | Matthias Knerr, Chris LaJaunie, and Andrew Manton will now manage the fund. | 2/16 |
| YAFFX | Yacktman Focus | Founder Donald Yacktman is retiring from management on May 1, though he’ll remain as an advisor. | Stephen Yacktman and Jason Subotky will continue to manage the fund. | 2/16 |
| YACKX | Yacktman Fund | Founder Donald Yacktman is retiring from management on May 1, though he’ll remain as an advisor. That’s kind of a “yikes.” | Stephen Yacktman and Jason Subotky will continue to manage the fund. | 2/16 |
