The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:M* Analysts Take Silver from T. Rowe After a PM Change Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, August 6, 2013

M* Analysts Take Silver from T. Rowe After a PM Change

News summary by MFWire's editors

Some more PM changes have hitMorningstar's radar screen.

In particular, two PMs are retiring, one from T. Rowe Price [profile] and the other from Mair & Power [profile] , leading Morningstar to adjust one of the fund's ratings.

Morningstar changed its rating on T. Rowe PriceSmall Cap from Silver to Bronze after its PM lineup changed from Preston Athey to David Wagner. Russel Kinnel writes that there is uncertainty over Wagner's talent being equal to Athey's, even though Wagner has been an associate PM on the fund since 2005 and has a fine five-year track record.

Kinnell writes that Mairs & Power Growth fund's Silver rating will stay Silver, in part because there is only one strategy to know, and in part because Bill Freis' replacement, Mark Henneman, has co-managed the fund since 2006, and has a bigger role in fund management than Wagner.

To read more, click here

Edited by: Casey Quinlan

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use