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.
A look at some funds that have lost more than half of their assets in the past year.
Pell's new role will be to focus on investment management and reviving the firm's flagship international equity funds.
We lowered the ratings for three foreign funds.
Funds need not be Asia-focused to have felt the impact this year.
Plus, a departure from AllianceBernstein, a new PIMCO distribution arm, and more.
Plus, Fidelity boosts target-date funds' overseas, TIPS, and commodity exposure, and more.
Fund investors have been buying and selling at the wrong times lately.
After U.S. mutual funds registered outflows in May, $13.5 billion came back in June.
But enthusiasm high for other emerging markets, too.