Manager changes, May 2013

By Chip

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

ALTFX

AllianceBernstein Global Thematic Growth 

Catherine Wood and Joseph Carson

Amy Raskin and Vadim Zlotnikov are joined by Daniel Roarty and Tassos Stassopoulos

5/13

AWPAX

AllianceBernstein International Growth Fund

Robert Alster and William Johnston

Amy Raskin joins Daniel Roarty and Tassos Stassopoulos

5/13

ARDNX

Arden Alternative Strategies Fund

No one, but . . .

D.E. Shaw Investment Management will be a new sub-advisor to the fund.

5/13

ARFFX

Ariel Focus Fund

Tom Fidler, a founding co-manager

Charles Bobrinskoy is now the sole manager

5/13

CSGEX

BlackRock Small Cap Growth Equity

Andrew Leger and Andrew F. Thut

Travis Cooke 

5/13

MDSWX

BlackRock Small Cap Growth II

Andrew Leger and Andrew F. Thut

Travis Cooke 

5/13

BRBPX

Bridgeway Managed Volatility

No one, but . . .

Elena Khoziaeva and Michael Whipple join John Montgomery and Richard Cancelmo

5/13

BOSVX

Bridgeway Omni Small-Cap Value

Rasook Shaik is no longer a comanager, but remains with the firm

Elena Khoziaeva and Michael Whipple join John Montgomery and Christine Wang

5/13

NIIAX

Columbia Multi-Advisor International Equity

Marsico Capital Management, which continues its Artio-like spiral

Threadneedle International and in-house managers will take over

5/13

SUWAX

DWS Core Equity 

Subadvisor QS Investors

Owen Fitzpatrick

5/13

DBISX

DWS Diversified International Equity

Subadvisor QS Investors

Nils Ernst, Martin Berberich, and Sebastian Werner

5/13

SZCAX

DWS Small Cap Core 

Subadvisor QS Investors

Joseph Axtell

5/13

IHIAX

Federated Emerging Market Debt 

Roberto Sanchez-Dahl and Paolo Valle

Ihab Salib

5/13

FSMVX

Fidelity Mid Cap Value

Bruce Dirks 

Court Dignan

5/13

FPHAX

Fidelity Select Pharmaceuticals

Andrew Oh

Asher Anolic 

5/13

PISRX

Forward International Small Companies

Michael McLaughlin

The rest of the team remains

5/13

FPPTX

FPA Capital

Rikard Ekstrand will retire at the end of the year for “family health reasons”

Comanager, Dennis Bryan, will take over with help from new associate manager, Arik Ahitov

5/13

HIIGX

Harbor International Growth

Marisco Capital Management, with James Gendelman

Ballie Gifford Overseas is a new subadvisor

5/13

HINVX

Heartland International Value

No one, but . . .

Robert Sharpe is a new comanager

5/13

HRTVX

Heartland Value

Will Nasgovitz is no longer portfolio manager as he steps up to the CEO role.

His dad, Bill Nasgovitz, remains as manager

5/13

IVSAX

Ivy Global Bond

Daniel Vrabac will be retiring

Mark Beischel will remain as the sole manager

5/13

JACTX

Janus Forty

Ron Sachs, though no one is saying why

Douglas Rao bids a fond farewell to Marsico

5/13

JDGAX

Janus Fund

Jonathan Coleman

Barney Wilson remains

5/13

JATTX

Janus Triton

Chad Meade and Brian Schaub, who are joining other Janus defectors at Arrowpoint

Jonathan Coleman

5/13

JAVLX

Janus Twenty

Ron Sachs

Marc Pinto

5/13

JAVTX

Janus Venture

Chad Meade and Brian Schaub

Jonathan Coleman

5/13

JAAAX

John Hancock Alternative Asset Allocation Fund

Steve Orlich

Scott McIntosh, Nathan Thooft, and Marcelle Daher join the team

5/13

JHNBX

John Hancock Bond Fund 

Barry Evans

The rest of the team remains

5/13

JGPAX

John Hancock Global Opportunities 

Christopher Arbuthnot and Roger Hamilton

Paul Boyne and Doug McGraw

5/13

JHFIX

John Hancock Income

Barry Evans, who will now be overseeing all of John Hancock Asset Management North America, will no longer be a portfolio manager.

The rest of the team remains

5/13

TAUSX

John Hancock Investment Grade Bond Fund 

Barry Evans

The rest of the team remains

5/13

JSGVX

John Hancock Smaller Company Growth Fund

Narayan Ramani

Ashikhusein Shahpurwala joins the rest of the team

5/13

SOVIX

John Hancock Sovereign Investors Fund 

Barry Evans

The rest of the team remains

5/13

MSENX

Litman Gregory Masters Equity

Subadvisors, Southeastern Asset Management and Friess Associates, and managers O. Mason Hawkins, William D’Alonzo, and Ethan Steinberg

Subadvisors, Fiduciary Management and Harris Associates, with Pat English, Andrew Ramer, and Bill Nygren

5/13

MSMLX

Matthews Asia Small Companies

Michael Han

Kenichi Amaki joins manager Lydia So

5/13

NMMGX

Northern Multimanager Global Real Estate 

Cohen & Steers Capital Management

The other subadvisors remain.

5/13

BOTSX

Omni Tax-Managed Small-Cap Value

Rasook Shaik is no longer a comanager, but remains with the firm

Elena Khoziaeva and Michael Whipple join John Montgomery and Christine Wang

5/13

OPTFX

Oppenheimer Capital Appreciation

Julie Van Cleave

Comanager, Michael Kotlarz, becomes the sole manager

5/13

OEQAX

Oppenheimer Equity Fund

Julie Van Cleave

Comanagers, Michael Kotlarz and Laton Spahr, remain.

5/13

PRFIX

Parnassus Fixed-Income

Minh Bui

Samantha Palm 

5/13

BPFAX

PTA Comprehensive Alternatives Fund

No one, but . . .

Zebra Capital Management is now a subadvisor, with Roger Ibbotson and Eric Stokes as portfolio managers.  Ibbotson is an intriguing addition.

5/13

PRMTX

T. Rowe Price Media & Telecommunications

No one, but . . .

Paul Greene joins Dan Martino as a comanager

5/13

PRWAX

T. Rowe Price New America Growth

Joe Milano

Dan Martino

5/13

PRNEX

T. Rowe Price New Era

Tim Parker, latest guy to leave a company that no one ever leaves

Shawn Driscoll

5/13

MXCAX

Touchstone Small Cap Growth

Wayne A. Hollister and Benjamin C. Linford

Nitin N. Kumbhani

5/13

USEMX

USAA Emerging Markets Fund

Alphonse Chan is leaving sub-advisor Brandes Investment Partners

The rest of the team remains

5/13

USSCX

USAA Science & Technology

Nicolas Boullet is no longer a portfolio manager at sub-advisor Wellington Management

The rest of the team remains

5/13

USCAX

USAA Small Cap Stock 

Michael Allocco

The rest of the team remains

5/13

UNHHX

Waddell & Reed Global Bond 

Daniel Vrabac will be retiring

Mark Beischel will remain as the sole manager

5/13

WTMVX

Westcore Blue Chip Dividend

Kris B. Herrick will be leaving

The rest of the team remains

5/13

WTMIX

Westcore Micro-Cap Opportunity Fund

Kris B. Herrick will be leaving

The rest of the team remains

5/13

WTMCX

Westcore Mid-Cap Value Dividend Fund

Kris B. Herrick will be leaving

The rest of the team remains

5/13

WTSCX

Westcore Small-Cap Opportunity Fund

Kris B. Herrick will be leaving

The rest of the team remains

5/13

WTSVX

Westcore Small-Cap Value Dividend Fund

Kris B. Herrick will be leaving

The rest of the team remains

5/13

This entry was posted in Manager changes on by .

About Chip

Cheryl Welsch, MBA (Western Governors). Cofounder, technical director. Chip is the lead developer for information technology, virtual reality, and business programs at Eastern Iowa Community Colleges. Chip is responsible for making the Observer actually happen; in cooperation with our graphic designer, she also controls how the Observer looks and acts. She also writes our monthly Manager Changes feature and whittles away at the typofest in our drafts.