DWS announced that it is dropping the name of subadvisor Dreman from three mutual funds, while Vanguard removed Hansberger from a team of subadvisors running Vanguard International Value.
Plus, MFS Global Total Return adds 2 comanagers, Wasatch lures a large-cap value manager from ING, Calamos launches a dividend fund and a mid-growth fund, and American Century announces 2 promotions.
Plus, prospective "Magic Formula" investors face higher investment minimums.
Plus, Wasatch to launch India fund, and more.
Plus, municipal finances draw congressional scrutiny, and more.
Plus, American axes B shares, an iShares deal is reached, and more.
If you use Ben Graham's definition of value investing, the answer is yes.
PIMCO rolls out a mortgage-related fund, ING renames its greater China fund and alters its strategy, and Goldman Sachs to shut down three emerging-markets single-country funds.
Some deep-value investors have significant stakes in these troubled firms.
Plus: a prominent small-cap fund to reopen, a manager shuffle, and more.