Contact Us : Help / Demo | My Saved Searches | FAQ | About Simfund Filing | Site Map

 
   
Fund Changes - Feb-21
 Fund Changes
 Weeklies History:

Fund Changes Weekly


Week 8: 2/22/2021-2/26/2021
  • Wells Fargo & Company has entered into a definitive agreement to sell its asset management business, Wells Fargo Asset Management, to private equity firms GTCR and Reverence Capital Partners...
  • James P. Stetler will retire from Vanguard in July 2021, and will no longer serve as a co-portfolio manager for four Vanguard funds, including the Vanguard U.S. Growth fund ($45.5 billion), Vanguard Equity Income fund ($40 billion), Vanguard Explorer fund ($22 billion), and Vanguard Growth and Income fund ($12.2 billion)...
  • Walter Scott & Partners will replace Invesco Advisers and Wellington Management Company on the investment sub-advisory team of the Morgan Stanley Pathway International Equity fund ($1.4 billion); Martin Currie will join the sub-advisory team of the Morgan Stanley Pathway Emerging Markets Equity fund ($627 million); and PineBridge Investments will replace Eaton Vance Management on the investment sub-advisory team of the Morgan Stanley Pathway High Yield fund ($291 million)…
  • Columbia funds will make numerous portfolio management changes, including: Israel Hernandez will replace Christopher Boova on the portfolio management team of the Columbia Seligman Communication and Information fund ($9.3 billion); Alexandre Christensen will join the portfolio management teams of five funds with a total of $10.6 billion in assets under management, including the Columbia Strategic Income fund ($5.7 billion), on which Colin Lundgren will no longer serve as a portfolio manager; Richard Watson will no longer co-manage the Columbia Acorn fund ($4.9 billion), among other funds; and Tiffany Wade will replace Tchintcia Barros on the team of the Columbia Large Cap Growth fund ($4.9 billion)…
  • First Trust Advisors files the First Trust Innovation Leaders ETF, an actively-managed thematic ETF which will invest globally in equities with exposure to emerging opportunities across sectors of innovation; and also files two passively-managed sector funds, the First Trust S-Network Healthcare Technology ETF and First Trust S-Network Streaming & Gaming ETF...
  • WisdomTree Asset Management registers two ETFs that will be actively managed using a models-based approach: the WisdomTree Emerging Markets Efficient Core ETF, investing in emerging markets equity securities, and the WisdomTree International Efficient Core ETF, investing in international equity securities, with both funds also investing in US Treasury futures with notional value of up to 60% of the funds’ assets...
  • BlackRock files the iShares BBB Rated Corporate Bond ETF, which will track the investment results of the iBoxx USD Liquid Investment Grade BBB 0+ Index, composed of BBB fixed rate USD denominated bonds issued by U.S. and non-U.S. corporate issuers...
  • Effective April 1, 2021, the American Century Mid Cap Value fund ($8 billion) will be open to all investors...
  • Effective in the fourth quarter of 2021, BNY Mellon will replace Brown Brothers Harriman as custodian of the Pioneer funds...
  • The BlackRock Strategic Income Opportunities fund ($36 billion) may now invest up to 25% of its assets in a subsidiary that will provide exposure to commodity-related instruments...
   MORE>>


Week 7: 2/15/2021-2/19/2021
  • Mark Snyderman plans to retire on or about June 30, 2021, and will no longer serve as a co-manager to the Fidelity Real Estate Income fund ($5.5 billion), leaving Bill Maclay as the sole portfolio manager of the fund...
  • Putnam registers four semi-transparent ETFs: the Putnam Focused Large Cap Growth ETF, Putnam Focused Large Cap Value ETF, Putnam Sustainable Future ETF, and Putnam Sustainable Leaders ETF...
  • Calamos files the Calamos Hunt Alternative Income fund, an interval fund which will primarily invest in a diversified portfolio of select commercial real estate and real assets private debt investments across multiple geographies and structures, with the remainder in fixed income and liquid alternative yield strategies...
  • ETF Managers Group files the actively managed ETFMG U.S. Alternative Harvest ETF, which will invest in securities of companies with at least 50% of their revenue from the cannabis business in the United States...
  • MFS files the MFS Municipal Intermediate fund, which will primarily invest in municipal instruments with a dollar-weighted average effective maturity ranging between three and ten years...
  • Janus registers the Janus Henderson U.S. Real Estate ETF, which will invest in equity securities of U.S. real estate-related companies...
  • Goldman Sachs MLP Energy Infrastructure fund ($1.1 billion) adds disclosure to its principal investment strategies stating that it may invest in special purpose acquisition companies (SPACs)…
  • Effective March 23, 2021, the T. Rowe Price Spectrum Income fund ($6.9 billion), T. Rowe Price Spectrum Diversified Equity fund ($3.9 billion), and T. Rowe Price Spectrum International Equity fund ($2.0 billion) will begin charging an all-inclusive management fee of 0.62%, 0.73, and 0.89%, respectively (previously the funds did not charge a management fee)…
  • Effective March 12, 2021, the JPMorgan Hedged Equity fund ($15.6 billion) will close to new investors...
   MORE>>


Week 6: 2/08/2021-2/12/2021
  • T. Rowe Price files the semi-transparent enhanced index T. Rowe Price U.S. Equity Research ETF, which will publish a proxy portfolio daily, investing in U.S. equities with similar characteristics to the S&P 500 Index and enhancing value via stock selection within each industry, while maintaining style and sector exposures close to those of the S&P 500 Index...
  • Goldman Sachs registers the actively managed Goldman Sachs Future Planet Equity ETF, which will invest globally in companies that are aligned with the key themes of seeking to solve environmental problems, such as clean energy, resource efficiency, sustainable consumption, the circular economy, and water sustainability...
  • Principal Global Investors adds three actively managed ETFs which will select portfolio securities using a proprietary quantitative model designed to identify and rank equity securities that correspond to various factor categories including value companies, higher quality companies, higher momentum companies, and lower volatility companies: the Principal International Adaptive Multi-Factor ETF, Principal US Large-Cap Adaptive Multi-Factor ETF, and Principal US Small-Cap Adaptive Multi-Factor ETF...
  • Wasif Latif will no longer help manage thirty-five USAA funds, including the USAA 500 Index fund ($8.9 billion) among others. Latif served as a portfolio manager at USAA Asset Management prior to its acquisition by Victory Capital on July 1, 2019…
  • Ankur Crawford will leave the portfolio management team of five Alger funds, and Daniel C. Chung will join Patrick Kelly to help manage three of the funds, including the Alger Spectra fund ($7.8 billion) among others...
  • Touchstone Advisors has entered into an agreement with SunAmerica Asset Management to acquire certain assets related to SunAmerica’s retail mutual fund management business, and twelve AIG funds are expected to be reorganized into either existing series or newly created series of Touchstone funds, which will be advised by Touchstone under its sub-advised mutual fund approach (the reorganization is expected to close in the third quarter of 2021)…
  • Transamerica Asset Management files three new ETFs which will be sub-advised by Geode and will each track a Morningstar index designed to provide exposure to high-yielding, qualified-dividend-paying companies that exhibit superior quality and financial health, and that score highly on sustainable-investing criteria: the DeltaShares Morningstar ESG Emerging Markets Dividend ETF, DeltaShares Morningstar ESG International Dividend ETF, and DeltaShares Morningstar ESG US Dividend ETF...
  • Robeco Institutional Asset Management US will replace AllianceBernstein on the sub-advisory team of the SEI SIIT Emerging Markets Equity fund ($1.3 billion)…
   MORE>>


Week 5: 2/01/2021-2/05/2021
  • Mohsen Fahmi plans to retire from PIMCO effective December 31, 2021, and at that time will no longer serve as a portfolio manager on a number of funds with current assets of $18.8 billion. Marc Seidner will join the management teams of the funds in February 2021...
  • AllianceBernstein files the AB Sustainable Thematic Credit fund, which will primarily invest in fixed-income securities of corporate issuers that are positively exposed to environmentally- or socially-oriented sustainable investment themes...
  • Anuradha Venkataraman will join Stuart Rae in managing the AB International Strategic Equities fund ($8.9 billion), replacing Sammy Suzuki...
  • Invesco registers the Invesco MSCI Green Building ETF, which will track the MSCI Global Green Building Index, composed of companies engaged in the design, construction, redevelopment, retrofitting, or acquisition of green-certified properties to promote mechanisms for raising capacity for effective climate change mitigation and adaptation...
  • Neuberger Berman files the closed-end Neuberger Berman 5G Connectivity fund, which will invest in equity securities issued by U.S. and non-U.S. companies related to 5G or future generations of network connectivity and technology while taking into consideration ESG criteria...
  • As announced in July 2020, Virtus Investment Partners and Allianz Global Investors U.S. will form a strategic partnership which will become effective February 1, 2021. At that time, Virtus Investment Advisers will replace Allianz Global Investors U.S. as advisor on the AllianzGI U.S. funds, and AllianzGI U.S. will become the sub-advisor of a number of the funds for which they previously served as investment advisor...
  • Delaware Investments Fund Advisers and Lazard Asset Management will replace Baillie Gifford Overseas on the sub-advisory team of the SEI SIIT World Equity Ex-US fund ($10 billion)…
  • Effective March 5, 2021, the Lord Abbett Developing Growth fund ($5 billion) will close to new investors...
  • Wellington Management Company will replace MacKay Shields as sub-advisor on five MainStay funds, and will replace Epoch Investment Partners and Markston International in sub-advising the MainStay MAP Equity fund ($985 million) (to be renamed Mainstay WMC Value fund)…
  • Amundi Pioneer registers two ESG funds: the Pioneer Global Sustainable Growth and Pioneer Global Sustainable Value, which will each invest at least 80% in securities of issuers located throughout the world that the advisor believes adhere to the fund’s "ESG criteria," defined as the exclusion of investments issued by companies significantly involved in the production of alcohol, tobacco products, and controversial military weapons consisting of cluster weapons, anti-personnel mines, nuclear weapons, and biological and chemical weapons, and the operation of coal mines and gambling casinos and other gaming businesses. Amundi Pioneer also files the Pioneer Intrinsic Value fund...
   MORE>>


About Us | Contact Us | Site Map | Privacy Policy | Terms |
BrightScope / Investor Economics / Market Metrics / Matrix Solutions / Plan For Life
All Rights Reserved. No Reproduction without Prior Authorizations