There is far more variety now, but new doesn’t necessarily mean better.
Fairholme takes a big stake in Fannie and Freddie preferreds, a manager of a Bronze-rated Oppenheimer fund departs, Templeton Frontier Markets closes to new investors, a slew of manager changes at Bridgeway, and some high-profile Janus fund managers resurface at a hedge fund.
The calendar will be some fund managers' best friend in the coming months.
As foreign inflows continue, frontier-markets funds may grow more volatile and more correlated to U.S. equities.
After several years of mixed returns, investors are rethinking how they get exposure to emerging markets.
Wintergreen legal drama ends and more.
Thanks to 2010 inflows, there are no guarantees these funds will be open long.