Anne Gudefin and Chuck Lahr have left Mutual Series to start up an equity shop at PIMCO. The two are experienced comanagers who run Mutual Global Discovery (TEDIX). Lahr was also comanager at Mutual Financial Services (TFSIX), and Gudefin comanaged Mutual Quest (TEQIX).
We'll review Mutual Quest's status as an Analyst Pick and let you know when we make a decision. Over the years, Mutual Series funds have suffered a number of manager departures, yet they've continued to run their deep value strategy and produce good results.
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Russel Kinnel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.