Making Sense of the Biggest Manager Changes So Far in 2006
Are these funds' new managers up to snuff?
One of the toughest challenges facing fund investors is deciding what to do when a fund changes managers. There are so many questions about whether the strategy will change and how good the new manager is.
In fact, just keeping track of the manager changes is rather daunting. That's why I provide brief capsules of key changes in each issue of Morningstar FundInvestor. I describe the change, the date of the change, my take, and I even give a one-word assessment--negative, neutral, or positive--of the impact of the change.
Here, I've excerpted my take from past issues on the biggest manager changes to hit so far in 2006.
Russel Kinnel does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.