Manager changes, December 2015

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
AEDQX American Century Emerging Markets Debt Fund Phil Yuhn will no longer serve as a portfolio manager to the fund Margé Karner, John Lovito, Brian Howell, and Kevin Akioka will remain with the fund 12/15
BDCAX AR Capital BDC Income Fund Robert Grunewald is no longer listed as a portfolio manager for the fund. Shiloh Bates is now managing the fund. 12/15
CWGDX Christopher Weil & Company Global Dividend Fund Luong Nguyen and Soledad Investment Management are no longer listed on the fund. John Wells, president of Christopher Weil & Company, has assumed management of the fund. 12/15
LGGAX Clearbridge Global Growth Trust, soon to be ClearBridge International Growth Fund No one, but . . . Elisa Mazen and Michael Testorf are joined by Pawel Wroblewski and Thor Olsson in managing the fund. 12/15
COGAX Columbia Select Global Growth Fund, formerly the Columbia Marsico Global Fund. Marsico Capital Management is out as a subadvisor and Thomas Marsico is no longer listed as a portfolio manager for the fund. That happens a lot. The fund is now managed by Thomas Galvin, Richard Carter, and Todd Herget. 12/15
CLVFX Croft Focus Fund No one, but . . . Patrick Halloran joins Kent Croft and G. Russell Croft in managing the fund. 12/15
DGFAX Davis Global Fund As of January 1, 2016, Tania Pouschine will be removed as a portfolio manager of the fund. Christopher Davis and Danton Goei will continue to manage the fund. 12/15
DILAX Davis International Fund As of January 1, 2016, Tania Pouschine will be removed as a portfolio manager of the fund. Christopher Davis and Danton Goei will continue to manage the fund. 12/15
DBOAX Dreyfus Balanced Opportunity Fund Sean Fitzgibbon is no longer listed as a portfolio manager for the fund. George DeFina and John Bailer have joined Keith Stransky, Brian Ferguson, David Bowser, and David Horsfall in managing the fund. 12/15
DGRIX Dreyfus Growth And Income Fund, Inc. No one, but . . . David Intoppa and Leigh Todd have joined Elizabeth Slover and John Bailer in managing the fund. 12/15
DLSAX Dreyfus Research Long/Short Equity Fund No one, but . . . Matthew Jenkin joins Elizabeth Slover and Matthew Griffin in managing the fund. 12/15
DAGVX Dreyfus Strategic Value Fund No one, but . . . David Intoppa has joined Brian Ferguson and John Bailer in managing the fund. 12/15
DTMAX Dreyfus Total Emerging Markets Fund No one, but . . . Gaurav Patankar has joined Sean Fitzgibbon and Alexander Kozhemiakin in managing the fund. 12/15
FACEX Frost Growth Equity Fund Brad Thompson will no longer serve as a portfolio manager for the fund. John Lutz, Tom Stringfellow, and AB Mendez continue to manage the fund. 12/15
FADVX Frost Value Equity Fund Brad Thompson will no longer serve as a portfolio manager for the fund. Michael Brell, Tom Stringfellow, Craig Leighton, and Tom Bergeron will continue to manage the fund. 12/15
EDIAX Global Income Builder Fund, formerly the Eaton Vance Global Dividend Income Fund No one, but . . . Jeffrey Mueller has joined John Croft, Michael Allison, and Christopher Dyer in managing the fund. 12/15
HCVAX Hartford Conservative Allocation Fund Wellington Management Company is no longer a sub-advisor. Wendy Cromwell and Richard Meagher are no longer listed as portfolio managers for the fund. Vernon Meyer and Allison Mortensen are now managing the fund. 12/15
HBAAX Hartford Moderate Allocation Fund Wellington Management Company is no longer a sub-advisor. Wendy Cromwell and Richard Meagher are no longer listed as portfolio managers for the fund. Vernon Meyer and Allison Mortensen are now managing the fund. 12/15
JDBAX Janus Balanced Fund No one, but . . . Marc Pinto and Gibson Smith have been joined by Jeremiah Buckley, Mayur Saiga, and Darrell Watters on the management team. 12/15
OSGIX JPMorgan Mid Cap Growth Fund No one, but . . . Felise Agranoff is joins Timothy Parton in managing the fund. 12/15
MNILX Litman Gregory Masters International Fund Effective immediately, William Fries of Thornburg Investment Management, a former M* manager of the year, has been removed as he transitions out of active portfolio management. David Herro, Jeremy DeGroot, Howard Appleby, Jean-Francois Ducrest, James LaTorre, Vinson Walden, Mark Little and Rajat Jain remain to manage the fund. 12/15
MSAKX MainStay Absolute Return Multi-Strategy Fund Daniel Spears will no longer serve as a portfolio manager for the fund. The rest of the extensive team remains. 12/15
CSHAX MainStay Cushing MLP Premier Fund Daniel Spears will no longer serve as a portfolio manager for the fund. Kevin Gallagher and Jerry Swank remain on the fund. 12/15
CURAX MainStay Cushing Royalty Energy Income Fund Daniel Spears will no longer serve as a portfolio manager for the fund. Judd Cryer and Jerry Swank remain on the fund. 12/15
GGEIX Nationwide Global Equity Fund The UBS Global Asset Management team has been removed from the fund. Charles Burbeck and Nicholas Irish are no longer listed as portfolio managers for the fund. The UBS Asset Management team now subadvises the fund, with Bruno Bertocci and Joseph Elegante managing the fund. This is accompanied by a change in principal investment strategies. 12/15
NBHAX Neuberger Berman Equity Income Fund Anthony Gleason will retire effective February 1, 2016. Richard Levine, Alexandra Pomeroy, and William Hunter will remain on the management team. 12/15
NBMIX Neuberger Berman Small Cap Growth Fund David Burshtan is no longer listed as a portfolio manager for the fund. The fund is now managed by Chad Bruso, Marco Minonne, Trevor Moreno, and Kenneth Turek. 12/15
OASGX Optimum Small-Mid Cap Growth Fund Robert Chalupnik is no longer listed as a portfolio manager for the fund. Matthew Litfin joins William Doyle in managing the fund. 12/15
OASVX Optimum Small-Mid Cap Value Fund Tocqueville Asset Management and the Killen Group, Inc. will no longer be sub-advisors to the fund. LSV Asset Management has been approved as a subadvisor to the fund with Josef Lakonishok, Menno Vermeulen, Puneet Mansharamani, Greg Sleight and Guy Lakonishok responsible for day-to-day management of the fund. 12/15
Various PIMCO RealPath Income Fund, PIMCO RealPath 2020 Fund, PIMCO RealPath 2025 Fund, PIMCO RealPath 2030 Fund, PIMCO RealPath 2035 Fund, PIMCO RealPath 2040 Fund, PIMCO RealPath 2045 Fund, PIMCO RealPath 2050 Fund and PIMCO RealPath 2055 Fund Vineer Bhansal is no longer listed as a portfolio manager for the funds. Mihir Worah and Graham Rennison join Rahul Devgon in managing the funds. 12/15
PQTAX PIMCO TRENDS Managed Futures Strategy Fund Vineer Bhansal is no longer listed as a portfolio manager for the fund. Josh Davis joins Matthew Dorsten and Graham Rennison in managing the fund. 12/15
SRFMX Sarofim Equity Fund Jeffrey Jocobe will no longer serve as a portfolio manager for the fund. Fayez Sarofim, W. Gentry Lee, Reynaldo Reza, and Alan Christensen remain with the fund. 12/15
SLSSX Selected International Fund As of January 1, 2016, Tania Pouschine will be removed as a portfolio manager of the fund. Christopher Davis and Danton Goei will continue to manage the fund. 12/15
SOAEX Spirit of America Energy Fund Raymond Mathis is no longer listed as a portfolio manager for the fund. William Mason will manage the fund. 12/15
SOAAX Spirit of America Real Estate Income & Growth Fund Raymond Mathis and Alpana Sen are no longer listed as portfolio managers for the fund. William Mason and Douglas Revello will manage the fund. 12/15
FSCFX Strategic Advisers Small-Mid Cap Fund No one, but . . . Arrowpoint Asset Management and AllianceBernstein are new subadvisors to the fund. 12/15
FNAPX Strategic Advisers Small-Mid Cap Multi-Manager Fund No one, but . . . Arrowpoint Asset Management and AllianceBernstein are new subadvisors to the fund. 12/15
TCWAX Templeton China World Fund Allan Lam, Dennis Lim, and Tom Wu are no longer listed as portfolio managers for the fund. Eddie Chow and Mark Mobius remain as managers for the fund. 12/15
TGVAX Thornburg International Value No one, at the moment, but William Fries intends to transition away from the fund into a new role as Senior Advisor to the Thornburg investment team. Di Zhou joins William Fries and Lei Wang in anticipation of Mssr. Fries diminishing role with the fund. 12/15
TSAAX Touchstone Controlled Growth with Income Fund Lucian Marinescu is no longer listed as a portfolio manager for the fund. Anthony Wicklund and Nathan Palmer, who started in 11/2015, are managing the fund. 12/15
TBAAX Touchstone Dynamic Diversified Income Fund Lucian Marinescu is no longer listed as a portfolio manager for the fund. Anthony Wicklund and Nathan Palmer are managing the fund. 12/15
TVRAX Transparent Value Directional Allocation Fund Armen Arus, president and co-founder of Transparent Value, resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
TVEAX Transparent Value Dividend Fund Armen Arus resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
TVAAX Transparent Value Large-Cap Aggressive Fund Armen Arus resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
TVBAX Transparent Value Large-Cap Core Fund Armen Arus resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
TVDAX Transparent Value Large-Cap Defensive Fund Armen Arus resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
TVGAX Transparent Value Large-Cap Growth Fund Armen Arus resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
TVMAX Transparent Value Large-Cap Market Fund Armen Arus resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
TVVAX Transparent Value Large-Cap Value Fund Armen Arus resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
TVSAX Transparent Value Small-Cap Fund Armen Arus resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
TVKAX Transparent Value SMID-Cap Directional Allocation Fund Armen Arus resigned from the fund and the sub-adviser. Scott Hammond and Gennadiy Khayutin continue to manage the fund. 12/15
SBALX Victory Strategic Allocation Fund Heidi Adleman is no longer listed as a portfolio manager for the fund. Kelly Cliff will manage the fund. 12/15
WATWX Wanger Select Fund Robert Chalupnik is deceased. David Frank joins Matthew Szafranski in managing the fund. 12/15
WGLIX William Blair Global Small Cap Growth Fund Matthew Litfin is no longer listed as a portfolio manager for the fund. Andrew Flynn remains as the sole manager of the fund. 12/15
WCGIX William Blair Mid Cap Growth Fund No one, but . . . Daniel Crowe joins David Ricci and Robert Lanphier in managing the fund. 12/15
WSMDX William Blair Small-Mid Cap Growth Fund No one, but . . . Daniel Crowe joins Karl Brewer and Robert Lanphier in managing the fund. 12/15
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.