Dreman announces it will liquidate five of its six open-end funds, and Mark Venezia set to retire from Eaton Vance.
Hugging the benchmark tends to be less common in the small-cap arena, as these funds demonstrate.
Plus, Oppenheimer mandate changes, and more.
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.
After a brutal 2008 in which shareholders dumped funds en masse, inflows predominated in 2009.
Plus, Putnam launches leveraged funds, and more.
Plus, changes at Oppenheimer, Fidelity, and more.