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 |
|
NTFAX |
Aberdeen Tax-Free Income Fund |
James Faunce and William Hines are no longer listed as portfolio managers on the fund. |
Edward Grant and Michael Degernes continue to serve |
10/14 |
|
AXBAX |
Columbia Capital Allocation Aggressive Portfolio |
Melda Mergen is no longer a portfolio manager |
The rest of the team remains |
10/14 |
|
ABDAX |
Columbia Capital Allocation Conservative Portfolio |
Melda Mergen is no longer a portfolio manager |
The rest of the team remains |
10/14 |
|
NBIAX |
Columbia Capital Allocation Moderate Aggressive Portfolio |
Melda Mergen is no longer a portfolio manager |
The rest of the team remains |
10/14 |
|
NLGAX |
Columbia Capital Allocation Moderate Conservative Portfolio |
Melda Mergen is no longer a portfolio manager |
The rest of the team remains |
10/14 |
|
ABUAX |
Columbia Capital Allocation Moderate Portfolio |
Melda Mergen is no longer a portfolio manager |
The rest of the team remains |
10/14 |
|
NLGIX |
Columbia LifeGoal® Growth Portfolio |
Melda Mergen is no longer a portfolio manager |
The rest of the team remains |
10/14 |
|
DRCVX |
Comstock Capital Value |
Martin Weiner, a founder of the bearish Comstock Partners, passed away on October 16, 2014 at age 84. |
Charles Minter will continue to be the portfolio manager of the fund. |
10/14 |
|
CAALX |
Cornerstone Advisors Public Alternatives Fund |
No one, but . . . |
Numeric Investors has been added as a new subadvisor to the fund, with Gregory Bond and Daniel Taylor joining the management team. |
10/14 |
|
CSAAX |
Credit Suisse Managed Futures Strategy Fund |
In conjunction with a change in investment objectives and strategies, Jordan Drachman is out, and … |
Jonathan Sheridan, Mark Nodelman, and Sid Browne join Sheel Dhande. |
10/14 |
|
CSQAX |
Credit Suisse Multialternative Strategy Fund |
In conjunction with a change in investment objectives and strategies, Jordan Drachman is out, and … |
Jonathan Sheridan, Mark Nodelman, and Sid Browne join Sheel Dhande. |
10/14 |
|
STSVX |
Dreyfus/The Boston Company Small Cap Value Fund |
No one, but . . . |
Jonathan Piskorowski joins Joseph Corrado and Stephanie Brandaleone in managing the fund |
10/14 |
|
DAAVX |
Dunham Dynamic Macro Fund, formerly Dunham Loss Averse Equity Income Fund |
In conjunction with a name and strategy change, Patrick Adams and Joseph Pecoraro are no longer managing the fund. |
The new fund managers are Vassilis Dagioglu, James Stavena, and Torrey Zaches |
10/14 |
|
DCMEX |
DuPont Capital Emerging Markets Fund |
Rafi Zaman has announced that he will retire in February 2015 |
Erik Zipf and Lode Devlaminck have joined as principal portfolio managers in preparation for Mr. Zaman’s retirement. |
10/14 |
|
EGEAX |
Eagle Smaller Company Fund |
Eagle Boston Investment Management is no longer a subadvisor to the fund, hence David Adams and John McPherson are no longer portfolio managers |
Charles Schwartz, Betsy Pecor, and Matthew McGeary are co-portfolio managers of the fund |
10/14 |
|
EVCGX |
Eaton Vance Greater China Growth Fund |
Pamela Chan is no longer listed as a portfolio manager |
Stephen Ma has joined May Ling Wee as a portfolio manager |
10/14 |
|
EROAX |
Eaton Vance Hedged Stock, formerly the Eaton Vance Risk-Managed Equity Option Fund |
Micheal Allison, Kenneth Everding, Jonathan Orseck, and Walter Row are out. |
Charles Gaffney takes over as the sole porfolio manager. |
10/14 |
|
EBHIX |
Equinox BH-DG Strategy Fund |
Richard Bornhoft, Afroz Qadeer and Sue Osborne are no longer members of the portfolio management team |
Ajay Dravid and Rufus Rankin will continue on |
10/14 |
|
EEHAX |
Equinox EquityHedge US Strategy Fund |
Afroz Qadeer and Sue Osborne are no longer members of the portfolio management team |
Ajay Dravid and Rufus Rankin will continue on |
10/14 |
|
MHFAX |
Equinox MutualHedge Futures Strategy Fund |
Afroz Qadeer and Sue Osborne are no longer members of the portfolio management team |
Richard Bornhoft, Ajay Dravid and Rufus Rankin will carry on |
10/14 |
|
FACNX |
Fidelity Advisor Canada Fund |
Douglas Lober no longer serves as a co-manager of the fund. That’s likely a good thing, since the fund floundered under his leadership. |
Risteard Hogan remains |
10/14 |
|
FDMAX |
Fidelity Advisor Communications Equipment Fund |
No one, but . . . |
Colin Anderson joins Ali Khan as a co-manager to the fund. |
10/14 |
|
FSSKX |
Fidelity Advisor Stock Selector All Cap Fund |
Gordon Scott is no longer on the fund |
Peter Dixon joins the rest of the team |
10/14 |
|
FVLAX |
Fidelity Advisor Value Leaders Fund |
Michael Chren is no longer listed as a portfolio manager |
Sean Gavin is now listed as a portfolio manager |
10/14 |
|
FBCVX |
Fidelity Blue Chip Value Fund |
Michael Chren is no longer listed as a portfolio manager |
Sean Gavin is now listed as a portfolio manager |
10/14 |
|
FIENX |
Fidelity International Enhanced Index Fund |
No one, but . . . |
Shashi Naik joined Patrick Waddell, Louis Bottari, Maximilian Kaufmann, and Peter Matthew on the management team. |
10/14 |
|
FLCEX |
Fidelity Large Cap Core Enhanced Index Fund |
No one, but . . . |
Shashi Naik joined Patrick Waddell, Louis Bottari, Maximilian Kaufmann, and Peter Matthew on the management team. |
10/14 |
|
FLGEX |
Fidelity Large Cap Growth Enhanced Index Fund |
No one, but . . . |
Shashi Naik joined Patrick Waddell, Louis Bottari, Maximilian Kaufmann, and Peter Matthew on the management team. |
10/14 |
|
FLVEX |
Fidelity Large Cap Value Enhanced Index Fund |
No one, but . . . |
Shashi Naik joined Patrick Waddell, Louis Bottari, Maximilian Kaufmann, and Peter Matthew on the management team. |
10/14 |
|
FMEIX |
Fidelity Mid Cap Enhanced Index Fund |
No one, but . . . |
Shashi Naik joined Patrick Waddell, Louis Bottari, Maximilian Kaufmann, and Peter Matthew on the management team. |
10/14 |
|
FNORX |
Fidelity Nordic Fund |
Per Johansson is no longer a listed manager |
Stefan Lindblad takes over. |
10/14 |
|
FSOFX |
Fidelity Series Small Cap Opportunities Fund |
Anmol Mehra no longer serves as a co-manager of the fund |
The rest of the team remains |
10/14 |
|
FCPEX |
Fidelity Small Cap Enhanced Index Fund |
No one, but . . . |
Shashi Naik joined Patrick Waddell, Louis Bottari, Maximilian Kaufmann, and Peter Matthew on the management team. |
10/14 |
|
FUSEX |
Fidelity Spartan 500 Index Fund |
No one, but . . . |
Deane Gyllenhaal joins Patrick Waddell, Louis Bottari and Peter Matthew as a portfolio manager to the fund. |
10/14 |
|
FDSSX |
Fidelity Stock Selector All Cap Fund |
Gordon Scott is no longer on the fund |
Peter Dixon joins the rest of the team |
10/14 |
|
SGENX |
First Eagle Global Fund |
Abhay Deshpande has resigned. Deshpande originally co-managed the fund with the legendary Jean-Marie Evilliard (auto-correct hints “do you mean Evil Lizard?”) |
Matthew McLennan and Kimball Brooker continue to manage the fund |
10/14 |
|
SGOVX |
First Eagle Overseas Fund |
Abhay Deshpande has resigned. Odd that the departure of such a senior manager has generated no commentary. |
Matthew McLennan and Kimball Brooker continue to manage the fund |
10/14 |
|
FEVAX |
First Eagle U.S. Value Fund |
Abhay Deshpande has resigned. |
Matthew McLennan, Kimball Brooker, and Matthew Lamphier continue to manage the fund |
10/14 |
|
GERAX |
Goldman Sachs Emerging Markets Equity Insights Fund |
Steve Jeneste is no longer serving as a portfolio manager to the fund. |
James Park joins Dennis Walsh, Ronald Hua, William Fallon and Len Ioffe on the management team. |
10/14 |
|
GMSAX |
Goldman Sachs Managed Futures Strategy Fund |
Steve Jeneste is no longer serving as a portfolio manager to the fund. |
James Park joins William Fallon in managing the fund. |
10/14 |
|
GSRAX |
Goldman Sachs Rising Dividend Growth Fund |
No one, but . . . |
Michael Nix will join Jere Estes, C. Troy Shaver, and Ying Wang in managing the fund |
10/14 |
|
ALPHX |
Hatteras Alpha Hedged Strategies Fund |
No one, but . . . |
Lorem Ipsum Management and Blue Jay Capital Management have been added as subadvisors to the fund |
10/14 |
|
HHSIX |
Hatteras Hedged Strategies Fund |
No one, but . . . |
Lorem Ipsum Management and Blue Jay Capital Management have been added as subadvisors to the fund |
10/14 |
|
HLSAX |
Hatteras Long/Short Equity Fund |
No one, but . . . |
Lorem Ipsum Management and Blue Jay Capital Management have been added as subadvisors to the fund |
10/14 |
|
INHAX |
Inflation Hedges Strategy Fund |
Commodity Strategies AG is no longer a subadvisor to the fund. |
Taylor Investment Counselors joins as a subadvisor. New managers joining the team are Robert Holroyd, Michael Whitney, Ben Niedermeyer, and Christopher Blakely. |
10/14 |
|
JDWAX |
Janus Global Research Fund |
James Goff will retire in mid-December. Mr. Goff joined Janus in 1998, became head of research in 2002 and has led this fund for 8 years. |
Carmel Wellso will take the lead over a group of sector team leaders consisting of Andrew Acker, Jean Barnard, Eileen Hoffmann, Brinton Johns, John Jordan, Kristopher Kelley, and Kenneth Spruell |
10/14 |
|
JRAAX |
Janus Research Fund |
James Goff retire in mid-December |
Carmel Wellso will take the lead here, too, with the same team as on JDWAX |
|
|
SWOIX |
Laudus International MarketMasters Fund |
Mark Kopinski has been replaced … |
… by Federico Laffan. The rest of the extensive team remains. |
10/14 |
|
MASNX |
Litman Gregory Masters Alternative Strategies Fund |
No one, but . . . |
Passport Capital, LLC is added as a sub-advisor, and John Burbank and Tim Garry are added as portfolio managers. The rest of the team remains. |
10/14 |
|
PECZX |
PIMCO Emerging Markets Corporate Bond Fund |
Michael Gomez and Brigitte Posch are no longer listed as portfolio managers |
Said Saffari becomes the sole portfolio manager |
10/14 |
|
LCEMX |
Pioneer Emerging Markets Local Currency Debt Fund |
Esther Law is out |
Hakan Aksoy remains |
10/14 |
|
PMDEX |
PMC Diversified Equity Fund |
No one, but . . . |
Adam Liebhoff joins the team. |
10/14 |
|
PMSAX |
Principal Global Multi-Strategy Fund |
PIMCO is no longer a subadvisor to the fund |
The rest of the team remains |
10/14 |
|
PCGAX |
Prudential Income Builder |
Everyone. The whole team has turned over as Prudential shifts from sub-advisers to in-house management. An odd choice, given that the sub-advisors were putting up exceptionally solid numbers. |
The new team consists of Ted Lockwood, Edward Campbell, Rory Cummings, Ubong “Bobby” Edemeka, Shaun Hong, Paul Appleby, David Bessey, Robert Cignarella, Brian Clapp, Michael Collins, Cathy Hepworth, Terence Wheat, Robert Spano, Daniel Thorogood, Ryan Kelly, Marc Halle, Rick Romano, Gek Lang Lee, and Michael Gallagher. |
10/14 |
|
TMFAX |
Raylor Managed Futures Strategy Fund |
Barry Cronin and Greg Cavallo are no longer listed as portfolio managers |
Damon Hart and Gregory Rogers are newly listed as porfolio managers |
10/14 |
|
RMRFX |
Redmont Resolute Fund |
Turner Investments is out as a subadvisor (that happens a lot), along with Christopher Baggini |
PineBridge Investments joins as a subadvisor, bringing Michael Kelly to the team. |
10/14 |
|
RSEIX |
Royce Special Equity Fund |
No one, but . . . |
Steven McBoyle joined Charles Dreifus as an assistant portfolio manager |
10/14 |
|
RMUIX |
Royce Special Equity Multi-Cap Fund |
No one, but . . . |
Steven McBoyle joined Charles Dreifus as an assistant portfolio manager |
10/14 |
|
SNOAX |
Snow Capital Opportunity Fund |
No one, but . . . |
Jessica Bemer has joined Richard Snow and Nathan Snyder on the management team. |
10/14 |
|
SNIAX |
State Farm International Equity Fund |
James Gendelman has resigned from Marsico “by mutual agreement” but for no stated reason and Marsico has been dropped. |
Munish Malhotra, Edward Wendell Jr., James LaTorre, Jean-Francois Ducrest and Howard Appleby remain on the fund. |
10/14 |
|
SLSAX |
Sterling Capital Long/Short Equity Fund |
Robert Sanborn – yes, that Robert Sanborn, the Oakmark legend – is no longer listed as a portfolio manager. |
Charles Frumberg joins the team with new subadvisor, Emancipation Capital |
10/14 |
|
FNAPX |
Strategic Advisers Small-Mid Cap Multi-Manager Fund |
No one, but . . . |
Boston Company Asset Management has been added as the tenth subadviser to the fund |
10/14 |
|
TCVAX |
Touchstone Mid Cap Value Fund |
Donald Cleven is no longer listed as a portfolio manager |
R. Todd Vingers and Jay Willadsen take over as portfolio managers |
10/14 |
|
FOBAX |
Tributary Balanced Fund |
No one, but . . . |
Ronald Horner and Kurt Spieler joined Charles Lauber on the fund |
10/14 |
|
VWIGX |
Vanguard International Growth Fund |
Greg Aldridge is no longer listed as a portfolio manager |
Charles Anniss joins Kavé Sigaroudinia, Simon Webber, and James Anderson in running the fund. |
10/14 |
|
IADEX |
Voya Diversified Emerging Markets Debt Fund |
No one, but . . . |
Jean-Dominique Bütikofer joins Brian Timberlake and Matthew Toms |
10/14 |
|
AESAX |
Voya Small Company Fund |
Steve Salopek will retire in June, 2015. |
James Hasso and Joseph Basset will remain on the fund |
10/14 |
|
NSPAX |
Voya SmallCap Opportunities Fund |
Steve Salopek will retire in June, 2015. |
James Hasso and Joseph Basset will remain on the fund |
10/14 |
