Joyce is also set to leave GMO. Also, American Century's LIVESTRONG funds withstand Lance Armstrong controversy, Dreyfus' CEO departs, manager changes at Fidelity and American Century, and analyst reductions at UBS Global Asset Management.
Fund managers say it pays to invest long term. So how often do they make trades in their funds?
Plus, DWS manager changes, SEC settlements, and more.
Some improvements on the stewardship front are offset by important concerns.
Funds that are slumping after a manager change.
Plus, news on the likely Putnam sale, Evergreen brokerage fines, and more.
Plus, Vanguard adds a board member, American Century news, and more.