Sears Holdings Elects Cesar L. Alvarez To Board
Several analyst-approved names stand poised to take advantage if the market heads south.
The return of David Iben, plus new short-duration bond funds from Fidelity, Edward Jones' first-ever mutual fund, a new global industrials fund from T. Rowe Price, and more.
Plus, AllianceBernstein to buy W.P. Stewart, FPA Paramount alters its focus, Fidelity to roll out a short-duration high-yield fund, PIMCO plans for a managed-futures fund, and a sad farewell to retired T. Rowe Price manager and 1995 Fund Manager of the Year Jack Laporte.
Plus, Wasatch Small Cap Growth closing, Brookfield buys Fairholme's General Growth equity stake, and more.
Fairholme Allocation bears a resemblance to its topnotch sibling
Six months after closing of $8 billion Fairholme Fund, Bruce Berkowitz will re-open to new investors next week.
A promotion at Heartland Advisors, former Fidelity Magellan PM Jeffrey Vinik to shutter his hedge fund, and Southeastern readies another proxy fight.
Manager Bruce Berkowitz is looking for a smaller, core group of long-term shareholders who have a thorough understanding of his deep-value process.
Some readers employ performance-based rules, while others focus on fund and portfolio fundamentals.