A manager change is a good reason to re-evaluate a fund, but not usually a reason to sell, says Morningstar's Russ Kinnel.
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.
We look at three recent Morningstar Analyst Rating upgrades and three downgrades.
The managers of Buffalo Mid Cap see technological innovations and growth among emerging-markets consumers as influencers of industry activity for an extended time.
The tech category has real limitations.
Top managers are divided over what looks like a bargain and what doesn't.