Why big may be beautiful.
ICI argues reforms would mean higher fees and few benefits.
Plus, Third Avenue Value celebrates its 20th anniversary, and more.
Plus, Bill Miller gets a new comanager, Calamos closes its oldest fund, and more.
Plus, Vanguard changes target-date allocation, SEI axes AXA Rosenberg, and more.
Plus, Putnam gets a 529 win, and more.
Active funds that deviate only slightly from the index may not be worth it.
Plus, Loomis Sayles swipes Wellington managers, and Joel Greenblatt plans "Magic Formula" funds.
Plus, employees buy Montag & Caldwell from BNP Paribas.
A look at the fund's largest positions and notable new stakes, including Morgan Stanley.