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Manager Changes Diminish These Funds morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Revealed: The 10 best and worst-performing funds in H1 2021 citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.
Top Royce small-cap team in 'stunning' exit to First Eagle citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.
An abrupt mass resignation of Royce Opportunity s (ROFIX) management team has left the strong-performing fund in the lurch and its Morningstar Analyst Rating under review. Bill Hench and his three-person team surprised their colleagues at Royce Investment Partners by resigning on April 20, 2021. Hench had served as lead manager since October 2018 and as an assistant or comanager since May 2004, building an excellent track record, first as an understudy and then as successor to Boniface Buzz Zaino. Robert Kosowsky and Suzanne Franks, Hench s assistant managers since 2018, and Adam Mielnik, an analyst for the strategy since 2014, also left. They did not disclose where they were headed but often when entire fund management teams leave at once it is for another firm or to strike out on their own. On April 21, noted value shop First Eagle Investment Management announced that it hired Hench and his team to run a new small-cap strategy for the firm. ....
arnett in baltimore with all the details on blue thunder straight ahead. i m adam may. eyewitness news is just seconds away. . this is wjz-t and wjz.com, baltimore. from the city to the counties to your neighborhood, now complete coverage on wjz 13. maryland s news station. tax scandal, baltimore acorn employees in hot wallet tonight. top local leaders break their silence on the case that has the city outraged. thanks for joining us. i m adam may. there is more fallout over an undercover videotaped at the baltimore acorn office where employees are accused of give going a prostitution business advice on how to skirt tax laws. suzanne collins is live explaining it s not just the employees, but now the video producers could also face legal problems. reporter: acorn says its employees were unprofessional but did not do anything illegal, but it is illegal in maryland to videotape someone without their expressed consent. the undercover video by the independent actors and p ....