Vanguard launches international-bond fund, FPA Crescent picks up 2 new comanagers, and managers depart at GSAM, Buffalo, and BlackRock. Also, Matthews to close its Asia dividend fund, and Morgan Stanley set to launch a global quality stock fund.
Some funds had dramatic comebacks, while others remained cellar-dwellers, writes Morningstar's Russ Kinnel.
TIAA-CREF and Henderson to start a new global real estate investment management company, Invesco High Yield Municipal opens back up to investors, Utah's Gold-rated 529 program cuts costs and adds funds from DFA, and Calamos seeks to begin issuing actively managed ETFs.
Upromise, Nevada drop Vanguard, hire State Street.
IShares pursues a new ETF strategy and branding initiative with a core series of funds for buy-and-hold investors, BBH Core Select nears capacity, and Vanguard rolls out a new TIPS product.
A look at some funds that have lost more than half of their assets in the past year.
Likely available before the end of 2013, Vanguard's new fund will be actively managed.
There are many paths to a Neutral rating.
These funds have big brokerage tabs.
Who would you pick as your favorite for Manager of the Year?