… some brutal dry spells. Selected has also built the stronger analyst staff. Harbor International HAINX vs. Ivy International IVINX In May 2002, Ivy funds wanted to bring in more money but manager Hakan Castegren was opposed. So, they fired Castegren and …
… the 1990s and in 2007.Thomas Mengel has managed this fund since May 1996. He also manages sibling Ivy International Growth IVINX .USAUNCGXCoreCoreThis fund targets large companies and has a growth orientation, although its manager firmly refuses to pay …
… the ... peak. Ouch. Fortunately Castegren also ran another fund, so savvy shareholders could bolt Ivy International IVINX for Harbor International HAINX. So how did it turn out? Harbor International has gained 92% since May 2002 while Ivy is up …
… entitled to a fee cut. To be sure, there are much more dramatic cases of fund board inaction. There was the Ivy International IVINX board, which signed off on Ivy s plan to fire value maven Hakan Castegren and replace him with a growth manager in 2000 because …
… 1990s and holding up fairly well in 2000 and 2001--and it's not looking much better now. Meanwhile, Ivy International IVINX , a Fund Analyst Pan, has plunged 22%, much more than other foreign offerings that follow large-blend strategies. And …
… Castegren also wins big points for putting shareholders first. In early 2000, a second fund he managed, Ivy International IVINX , wanted to reopen to investors in order to bring in more money. However, Castegren refused because he felt he was running …
… from bad to worse. We put Integrity Fund of Funds IFOFX on the list in September, mainly because of its exorbitant expenses. And we added Ivy International IVINX last week, due to manager turmoil, poor performance, and other problems.
… over the trailing one-, three-, five-, and 10-year periods. Amazingly, Castegren used to manage Ivy International IVINX , too. But Ivy dumped him in May 2000 because he wouldn t reopen the fund. Since then Ivy International has lagged Harbor …
… same time, I think a couple of these funds are unappealing and should be avoided: SSgA Small Cap SVSCX and Ivy International IVINX . Four Newly Reopened Standouts Vanguard Capital Opportunity and Vanguard Primecap Theo Kolokotrones, Howard Schow, and Joel …
… company firing a Morningstar Manager of the Year. Hakan Castegren won the honor a few years ago for his work at Ivy International IVINX and Harbor International HAINX. Nonetheless, Mackenzie Investment Management removed Castegren from Ivy International because …