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M* Fund Times: Openings, Closing, Manager Changes

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  • edited August 2013
    I think the most notable for me is the manager change at FMIEX. 1st Source Income Equity => Wasatch 1st Source Income Equity => Wasatch Large Cap Value fund. Both original managers (Ralph Shive and comanager Michael Shinnick) are now gone after extended under-performance (or very cautious investing). However, they continue to be the team behind FMLSX (well, for the time being)
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