DoubleLine picks up the pieces after Bonnie Baha’s tragic death, Scott Satterwhite retires at Artisan, some turnover at Osterweis, Miller/Howard resigns for the Miller/Howard fund, Giralda steps away from the Giralda Fund and 60 other changes.
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 |
| ACEVX | American Century Disciplined Growth | Yulin Long will no longer serve as a portfolio manager for the fund. | Elizabeth Xie and Vinod Chandrashekaran continue to manage the fund. | 9/16 |
| ARTQX | Artisan Mid Cap Value Fund | Scott Satterwhite retires on October 14, 2016. | James Kieffer, George Sertl and Daniel Kane will continue to manage the fund. | 9/16 |
| ARTLX | Artisan Value Fund | Scott Satterwhite retires on October 14, 2016. | James Kieffer, George Sertl and Daniel Kane will continue to manage the fund. | 9/16 |
| AMMCX | ASTON/Montag & Caldwell Mid Cap Growth Fund | Jeffrey Wilson no longer serves as a portfolio manager of the fund. | M. Scott Thompson will continue to manage the fund. | 9/16 |
| ATVAX | Athena Value Fund | Greg Anderson and John Sabre are no longer listed as portfolio managers for the fund. | Andrew Howard and C. Thomas Howard will now manage the fund | 9/16 |
| BGIOX | Baillie Gifford International Equity Fund | No one, but … | Jenny Davis joins Andrew Strathdee, Gerald Smith, Angus Franklin, Donald Farquharson and Jonathan Bates in managing the fund. | 9/16 |
| BDSYX | BMO Aggressive Allocation Fund | Alan Schwartz intends to retire at the end of the year. | Lowell Yura and Jon Adams will continue to manage the fund. | 9/16 |
| BGRYX | BMO Balanced Allocation Fund | Alan Schwartz intends to retire at the end of the year. | Lowell Yura and Jon Adams will continue to manage the fund. | 9/16 |
| BDVYX | BMO Conservative Allocation Fund | Alan Schwartz intends to retire at the end of the year. | Lowell Yura and Jon Adams will continue to manage the fund. | 9/16 |
| BABYX | BMO Growth Allocation Fund | Alan Schwartz intends to retire at the end of the year. | Lowell Yura and Jon Adams will continue to manage the fund. | 9/16 |
| BTRYX | BMO In-Retirement Fund | Alan Schwartz intends to retire at the end of the year. | Lowell Yura and Jon Adams will continue to manage the fund. | 9/16 |
| BMBYX | BMO Moderate Allocation Fund | Alan Schwartz intends to retire at the end of the year. | Lowell Yura and Jon Adams will continue to manage the fund. | 9/16 |
| Various | BMO Target Retirement Series | Alan Schwartz intends to retire at the end of the year. | Lowell Yura and Jon Adams will continue to manage the fund. | 9/16 |
| BGLAX | Brookfield Global Listed Infrastructure Fund | Sam Arnold will no longer serve as a portfolio manager for the fund. | Craig Noble will be joined by Leonardo Anguiano in managing the fund. | 9/16 |
| RASAX | Brookfield Real Assets Securities Fund | Sam Arnold will no longer serve as a portfolio manager for the fund. | Leonardo Anguiano will join the rest of the team, Larry Antonatos, Mark Shipley, Nicholas Pope, Craig Noble, Bernhard Krieg, Stavros Koutsantonis, Dana Erikson and Jason Baine. | 9/16 |
| CISMX | Clarkston Partners Fund | Jeremy Modell is no longer listed as a portfolio manager for the fund. | Gerald Hakala and Jeffrey Hakala will continue to manage the fund. | 9/16 |
| QWVPX | Clearwater Core Equity Fund | Matthew Berler and Alexander Kovriga will no longer serve as a portfolio managers for the fund. | Fifteen other managers remain. | 9/16 |
| CTFAX | Columbia Thermostat Fund | Christopher Olson will retire at the end of the year. | David Frank will continue to run the fund as the sole portfolio manager. | 9/16 |
| FTICX | Deutsche Communications Fund | Brendan O’Neill will no longer serve as a portfolio manager, effective October 29, 2016. Owen Fitzpatrick and Thomas Hynes will no longer serve, effective November 29, 2016 | Pankaj Bhatnagar will continue to manage the fund. | 9/16 |
| DURAX | Deutsche European Equity Fund | No one, but … | Dirk Aufderheide has been added as portfolio manager of the fund and will join Britta Weidenbach, Mark Schumann, Gerd Kirsten, and Christian Reuter in the day-to-day management of the fund. | 9/16 |
| DBISX | Deutsche Global Equity Fund | Brendan O’Neill will no longer serve as a portfolio manager, effective October 29, 2016. | Mark Schumann and Sebastian Werner will continue to manage the fund. | 9/16 |
| KTRAX | Deutsche Global Income Builder Fund | Walter Holman will no longer serve as a portfolio manager, effective October 29, 2016. | Gary Russell, John Ryan, Darwei Kung and Fabian Degen will continue to run the fund. | 9/16 |
| SUHAX | Deutsche Health and Wellness Fund | Brendan O’Neill will no longer serve as a portfolio manager, effective October 29, 2016. | Leefin Lai, Thomas Hynes, Peter Barsa and Michael Sesser will continue to manage the fund. | 9/16 |
| SGGAX | Deutsche Large Cap Focus Growth Fund | Brendan O’Neill will no longer serve as a portfolio manager, effective October 29, 2016. Owen Fitzpatrick and Thomas Hynes will no longer serve, effective November 29, 2016 | Not sure who’s left. | 9/16 |
| KDCAX | Deutsche Large Cap Value Fund | Brendan O’Neill and Walter Holman will no longer manage the fund, effective October 29, 2016. | Not sure who’s left. | 9/16 |
| KTCAX | Deutsche Science and Technology Fund | Nicholas Daft will no longer manage the fund, effective October 29, 2016. | Nataly Yackanich will continue to manage the fund. | 9/16 |
| SERAX | Deutsche World Dividend Fund | Walter Holman will no longer serve as a portfolio manager, effective October 29, 2016. | Fabian Degen and Sebastian Werner will continue to run the fund. | 9/16 |
| DBLFX | DoubleLine Core Fixed Income Fund | No one, but … | Jeffrey Sherman joins Jeffrey Gundlach in managing the fund. | 9/16 |
| DFLEX | DoubleLine Flexible Income Fund | No one, but … | Jeffrey Sherman joins Jeffrey Gundlach in managing the fund. | 9/16 |
| DBFRX | DoubleLine Floating Rate Fund | Bonnie Baha | Robert Cohen | 9/16 |
| DBLSX | DoubleLine Low Duration Bond Fund | Bonnie Baha | Robert Cohen joins Philip Barach and Luz Padilla on the management team. | 9/16 |
| DMLAX | DoubleLine Multi-Asset Growth Fund | Bonnie Baha and Luz Padilla | Samuel Garza, Jeffrey Sherman and Jeffrey Gundlach will continue to manage the fund. | 9/16 |
| DBULX | DoubleLine Ultra Short Bond Fund | Bonnie Baha | Monica Erikson joins Jeffrey Lee in managing the fund. | 9/16 |
| ETGIX | Eaton Vance Greater India Fund | Rishikesh Patel is no longer listed as a portfolio manager for the fund. | Prashant Khemka will now run the fund. | 9/16 |
| FNCMX | Fidelity Nasdaq Composite Index Fund | No one, but … | Thomas Brussard joins Peter Matthew, Louis Bottari, Patrick Waddell and Deane Gyllenhaal in running the fund. | 9/16 |
| FSHOX | Fidelity Select Construction and Housing Portfolio | Holger Boerner is no longer listed as a portfolio manager for the fund. | Neil Nabar will manage the fund. | 9/16 |
| FFIOX | FormulaFolios US Equity Fund | Aaron Johnson will no longer serve as a portfolio manager for the fund. | Jason Wenk, Ryan Wheless and Keith Springer are joined by Brandon Graetz on the management team. | 9/16 |
| FCIVX | Frontier MFG Core Infrastructure Fund | Stephen Mentzines is no longer a portfolio manager of the fund. | Dennis Eager and Gerald Stack continue to serve as portfolio managers to the fund. | 9/16 |
| GDAMX | Giralda Fund, whose name will become AlphaCore Absolute Fund on October 3rd. | Jerry Miccolis and Gladys Chow will no longer serve as portfolio managers for the fund. | Jonathan Belanger and Richard Pfister will manage the renamed fund. | 9/16 |
| GSCZX | Guidestone Small Cap Equity Fund | Columbus Circle Investors is no longer an advisor to the fund. Katerina Wasserman and Clifford Fox are no longer listed as portfolio managers | The rest of the team remains | 9/16 |
| HIIDX | Harbor Diversified International All Cap Fund | No one, but … | Effective September 22, 2016, Simon Somerville joined Neil Ostrer, William Arah, Charles Carter, Nick Longhurst, Michael Godfrey, David Cull and Robert Anstey as portfolio manager for the fund. | 9/16 |
| FLRUX | Infrastructure Fund, formerly Miller/Howard Infrastructure fund. | The subadvisor, Miller/Howard Investments, Inc., has resigned from the fund. As a result, Lowell Miller and Bryan Spratt are out. | The fund will be managed by the team of Robert Meeder, Dale Smith, Clinton Brewer, Jonathan Tremmel and Angelo Manzo. | 9/16 |
| ANTVX | NT American Century Disciplined Growth | Yulin Long will no longer serve as a portfolio manager for the fund. | Elizabeth Xie and Vinod Chandrashekaran continue to manage the fund. | 9/16 |
| OWSOX | Old Westbury Strategic Opportunities Fund | Effective on October 15, 2016, Franklin Advisers, Inc. will no longer be a sub-adviser for the fund. | The other subadvisor will remain. | 9/16 |
| OALVX | Optimum Large Cap Value Fund | It’s anticipated that Herndon Capital Management will no longer subadvise the fund, effective early October. | Rothschild Asset Management has been added as a subadvisor to the fund. | 9/16 |
| OSTFX | Osterweis Fund | Matthew Berler and Alexander Kovriga will no longer serve as portfolio managers to the fund. | Nael Fakhry, Gregory Hermanski and John Osterweis will continue to manage the fund. | 9/16 |
| OSTEX | Osterweis Institutional Equity Fund | Matthew Berler and Alexander Kovriga will no longer serve as portfolio managers to the fund. | Nael Fakhry, Gregory Hermanski and John Osterweis will continue to manage the fund. | 9/16 |
| OSTVX | Osterweis Strategic Investment Fund | Matthew Berler and Alexander Kovriga will no longer serve as portfolio managers to the fund. | Simon Lee, Bradley Kane, Carl Kaufman, Nael Fakhry, Gregory Hermanski and John Osterweis will continue to manage the fund. | 9/16 |
| ENIAX | SEI Opportunistic Income Fund | Brookfield Asset Management is no longer listed as an advisor to the fund. | Schroder Investment Management and Michelle Russell-Dowe join the rest of the team. | 9/16 |
| SNOAX | Snow Capital Opportunity Fund | Nathan Snyder has resigned from Snow Capital Management and will no longer serve as a portfolio manager for the fund. | Anne Wickland will join Richard Snow and Jessica Bemer in managing the fund. | 9/16 |
| TELCX | TIAA-CREF Enhanced Large-Cap Value Index Fund | Michael Shing is no longer a portfolio manager of the fund. | James Johnson joins Max Kozlov in managing the fund. | 9/16 |
| TNRLX | TIAA-CREF Global Natural Resources Fund | Navaneel Ray is no longer listed as a portfolio manager for the fund. | Jeff Bellman and Dhaval Patel will now run the fund. | 9/16 |
| TEQAX | Touchstone Sustainability and Impact Equity Fund | Farha-Joyce Haboucha will no longer serve as a portfolio manager for the fund. | David Harris and Jimmy Chang will continue to serve as portfolio managers of the fund. | 9/16 |
| USCAX | USAA Small Cap Stock Fund | Maria Mendelsberg will no longer serve as a portfolio manager for the fund. | The rest of the team remains | 9/16 |
| PDPAX | Virtus Alternatives Diversifier Fund | Euclid Advisors LLC has been removed as subadviser. David Dickerson, Carlton Neel and Amy Robinson will no longer serve as portfolio managers for the fund. | Warun Kumar will manage the fund. | 9/16 |
| PHBLX | Virtus Balanced Fund | Euclid Advisors LLC has been removed as subadviser. David Dickerson and Carlton Neel will no longer serve as portfolio managers for the fund. | Douglas Foreman joins Frederick Brimberg, Christopher Kelleher and David Albrycht in running the fund. | 9/16 |
| VAPAX | Virtus Equity Trend Fund | Euclid Advisors LLC has been removed as subadviser. Amy Robinson will no longer serve as portfolio manager for the fund. | Warun Kumar, Brendan Finneran, Robert Hofeman and Michael Davis will manage the fund. | 9/16 |
| VGPAX | Virtus Global Equity Trend Fund | Euclid Advisors LLC has been removed as subadviser. Amy Robinson will no longer serve as portfolio manager for the fund. | Warun Kumar, Brendan Finneran, Robert Hofeman and Michael Davis will manage the fund. | 9/16 |
| VIEAX | Virtus International Equity Fund | Euclid Advisors LLC has been removed as subadviser. | Duff & Phelps Investment Management Co. is the new subadvisor to the fund. Frederick Brimberg, who is a portfolio manager for both the previous and the current subadvisor, will remain as portfolio manager for the fund. | 9/16 |
| VLVAX | Virtus Low Volatility Equity Fund | No one, but … | Michael Davis and Warun Kumar are added as portfolio managers of the fund, joining Brendan Finneran and Robert Hofeman. | 9/16 |
| VAAAX | Virtus Multi-Asset Trend Fund | Euclid Advisors LLC has been removed as subadviser. Amy Robinson will no longer serve as portfolio manager for the fund. | Warun Kumar, Brendan Finneran, Robert Hofeman and Michael Davis will manage the fund. | 9/16 |
| PWBAX | Virtus Sector Trend Fund | Euclid Advisors LLC has been removed as subadviser. Amy Robinson will no longer serve as portfolio manager for the fund. | Warun Kumar, Brendan Finneran, Robert Hofeman and Michael Davis will manage the fund. | 9/16 |
| NAINX | Virtus Tactical Allocation Fund | Euclid Advisors LLC has been removed as subadviser. David Dickerson and Carlton Neel will no longer serve as portfolio managers for the fund. | Douglas Foreman joins Frederick Brimberg and David Albrycht in running the fund. | 9/16 |
| WFSMX | Wells Fargo Intrinsic Small Cap Value Fund | Effective immediately, Samir Sikka and Alex Alvarez are removed as portfolio managers to the fund. | Ann Miletti will now manage the fund. | 9/16 |
