Also, Vanguard rolls out an emerging-markets bond fund, major portfolio manager departures at T. Rowe Price and FPA, Neuberger Berman to launch a China fund, and Invesco to rework its quant funds.
The firm is attempting to turn things around at its largest segment.
The firm is attempting to turn things around at its largest segment.
The firm's batting average on manager changes has been poor lately.
These analyst-run funds are beating the in-house competition.
Debt played a leading role determining 2008's losers and this year's winners.
Closures follow the shuttering of a number of other small-cap funds in recent weeks and coincide with more than two years of strong performance.