T. Rowe Price seeks permission to create actively managed ETFs that are not transparent, a corporate-bond manager leaves PIMCO, and new managers are named to Oppenheimer Moderate and Ivy Global Natural Resources.
A very difficult investing environment has forced many managers to try atypical strategies, says Morningstar's Kevin McDevitt.
Tired of rebalancing your portfolios? Consider allocation funds.
Plus, Harrah's bet a winner for Schoelzel and Ehlers, and real estate funds post strong returns.
Plus, MFS Global Total Return adds 2 comanagers, Wasatch lures a large-cap value manager from ING, Calamos launches a dividend fund and a mid-growth fund, and American Century announces 2 promotions.
Morningstar.com readers are all over the map on the question of how much of their equity allocation comes from the United States.
Pickings are slim, so consider building your own.
Plus, Fairholme ups its AIG stake, and more
A promotion at Heartland Advisors, former Fidelity Magellan PM Jeffrey Vinik to shutter his hedge fund, and Southeastern readies another proxy fight.
The conservative bank-loan fund manager plans to step away at the end of March. Also, DoubleLine recruits more professionals from TCW, Principal files for permission to market actively managed ETFs, T. Rowe Price nears launch of its world - allocation fund, Vanguard to merge away a Florida muni-bond ...