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.
Plus, Longleaf directors disclose their big fund stake, PIMCO and BlackRock join "absolute return" bandwagon, and more.
Oakmark reopens fund, Sentinel managers head to competitor, Lord Abbett makes manager changes and more.
Plus, PIMCO fee cuts coming, IVA Worldwide closes, and more.
Don't overlook these five funds just because previous managers had poor performance.
A roundup of investment news from Morningstar Advisor magazine.