Despite leaning more on quants in its latest restructuring, BlackRock hasn't abandoned hope for fundamental stock-picking.
Dreman announces it will liquidate five of its six open-end funds, and Mark Venezia set to retire from Eaton Vance.
Plus, Fairholme ups its AIG stake, and more
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?