They're not the biggest names in the fund world, but these small shops have proven track records of protecting investors' interests.
Key management moves have ultimately proved positive for these large-growth funds.
Morningstar's Dan Culloton sizes up the fund firm's top and bottom performers year-to-date, discusses CIO Gus Sauter's impending retirement, and more.
Seeing few opportunities that meet their risk-reward criteria, the team at FPA Crescent--winner of Morningstar's 2013 Allocation Fund Manager of the Year award--is sticking to its discipline and letting cash build, says manager Steve Romick.
Also, Bill Miller draws up plans for a go-anywhere income fund, Ken Feinberg to retire from Davis Funds at the end of the year, Perritt Capital plans a new fund, and a goodbye to Abe Briloff.
'Tis the season to review your stock/bond mix, check your portfolio's risk level, and see how you did.
By making good use of their flexible approaches, these funds demonstrate that active management can work.
Allocation funds offer a break from trendy industry offerings. Our screen looks at these one-stop options for stock and bond exposures.
Laudus' large-cap growth fund rehires its former manager Lawrence Kemp, Artisan Value team founder and portfolio manager Scott Satterwhite gives his three years' notice, David Herro closes Oakmark International to new investors, and more.
Below-average returns don't shake Morningstar analysts' confidence in some funds, while recent outperformance doesn't grant higher ratings to others.