Dreman announces it will liquidate five of its six open-end funds, and Mark Venezia set to retire from Eaton Vance.
Plus, Hennessy buys FBR, Miller takes another step toward retirement, and more.
Bob Doll to take the helm of a Nuveen large-cap value fund, Gary Black to manage a new alts fund for Calamos, RiverPark drafts a new alts fund, and ALPS plans a tactical Asia-Pacific fund. Also, 3 new actively managed ETFs from PIMCO are ready for launch.
Which mutual funds have managed to sidestep the carnage?
Plus, Fairholme ups its AIG stake, and more