The board of directors of PGIM Investments LLC’s Prudential Series Fund
and Prudential’s Gibraltar Fund, Inc. approved
, shareholder approval pending, plans for the nomination and election of ten new board members. The shareholder meeting for final approval is scheduled for December 14.
Roger G. Young
is retiring from Touchstone Securities’ Touchstone Premium Yield Equity Fund
, effective September 30. This coincides
with the end of Young’s tenure as PM at the Miller/Howard Income-Equity Fund
and Howard Drill Bit to Burner Tip Fund
, announced in October 2016.
Starting October 2, Deutsche Global Growth VIP
will be renamed Deutsche International Growth VIP
T. Rowe Price Associates, Inc.
plans were approved
this week by the board of the Optimum Large Cap Growth Fund
to replace Fred Alger Management, Inc. as the sub-advisor to the fund with ClearBridge Investments, LLC
. Peter Bourbeau
and Margaret Vitrano
will join the fund from the ClearBridge team, both serving as portfolio managers. The changeover is tentatively set for early October.
The Wells Fargo Alternative Strategies Fund
is dropping Pine River Capital Management L.P.
as a sub-advisor to the fund. The change is effective on or about November 23, possibly earlier. No replacement has been named.
a new fund on September 15, calling it PowerShares PureBetaSM US Aggregate Bond Portfolio
. Invesco PowerShares Capital Management LLC
is advising the fund, bringing with it a PM team. Peter Hubbard
as director of portfolio management, Jeffery W. Kermagis
as senior PM, and Philip Fang
, Gary Jones
, and Richard Ose
Check our previous Filings For Fundsters column (previously called Stork and Reaper) for more SEC filing updates. For the latest new hires, fund launches, and industry statistics, explore our Follow The Fundsters, New Fund Fuss, and AUM Update columns. If you have a fund filing, a mutual fund launch, a product change or a new hire that you would like to announce, please contact the MFWire team at email@example.com.
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