Given this world-allocation fund's hands-on strategy, a recent management change is cause for concern.
Most Vanguard funds delivered another solid year in 2013, but management changes and a shift out of its fund comfort zone are things to watch this year.
Plus, Vanguard's new fund, manager changes at Fidelity and MFS, and more.
Calamos reopens its Bronze-rated convertible fund, while ClearBridge announces plans to close to new investors its Silver-rated small-cap growth fund. And a small UBS international-stock fund is set to get a dramatic makeover.
Plus, an updated expense ratio for Silver-rated FMI Focus Fund, a new emerging-markets value offering from American Century, PIMCO hires a new equity boss from Schroders, and more.