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What To Expect From The New Manager At T. Rowe Price Small-Cap Value
FYI: A changing of the guard took place at T. Rowe Price Small-Cap Value (PRSVX) in mid 2014, when longtime manager Preston Athey retired and handed over stewardship of the fund to David Wagner. The transition occurred in the middle of a year in which small-capitalization stocks badly trailed their large-cap brethren. Making matters worse, Small-Cap Value trailed its benchmark, the Russell 2000 index, by five percentage points over the past 12 months. Regards, Ted http://www.kiplinger.com/printstory.php?pid=13122
