PBOC Guides Yuan Higher as Economy Slows
China Facing Capital Outflow Pressure
TAG Oil Updates New Zealand Production and Operations
Well-regarded David Corkins kept a low profile after leaving Janus—until he made a play for like-minded Meridian Funds.
Calamos reopens its Bronze-rated convertible fund, while ClearBridge announces plans to close to new investors its Silver-rated small-cap growth fund. And a small UBS international-stock fund is set to get a dramatic makeover.
Well-regarded manager David Corkins kept a low profile after leaving Janus--until he made a play for like-minded Meridian Funds.
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.
Manager success at one fund doesn't always translate into success at another.