The Fairholme Fund sues the federal government seeking dividends from its stakes in Fannie and Freddie, Munder Capital is on the block, a former Columbia manager succeeds Michael Kobs in the management of a set of Vanguard's municipal bond funds, and Columbia brings on board a former Putnam value ...
We take a look at foreign large-blend funds that bear little resemblance to the benchmark MSCI EAFE index.
A Fidelity fund manager steps down after inconsistent performance, Aberdeen closes on its acquisition of Artio, and a Goldman Sachs Asset Management fund manager retires.
As part of Aberdeen's acquisition of Artio, some international fund managers to depart. Also, a management change on a T. Rowe Price health-care fund, Columbia hires Putnam's former asset-allocation head, and ClearBridge and Legg Mason Capital Management funds to merge.
Pell's new role will be to focus on investment management and reviving the firm's flagship international equity funds.
A look at some funds that have lost more than half of their assets in the past year.
We lowered the ratings for three foreign funds.
Fund investors have been buying and selling at the wrong times lately.
Plus, a departure from AllianceBernstein, a new PIMCO distribution arm, and more.
After U.S. mutual funds registered outflows in May, $13.5 billion came back in June.