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 ...
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.
Plus, a departure from AllianceBernstein, a new PIMCO distribution arm, and more.
... but they also see enticing opportunities.
Great new tools to help you know what you own.
The highs and lows of the fund business can lie just pages apart.
Some successful managers don't subscribe to conventional investing wisdom.