] has made a PM switch in a $650 million fund. The Oppenheimer Quest International Value Fund
is now under the care of Randall Dishmon
, reports InvestmentNews
Dishmon's predecessor, Dominic Freud
, ran the fund since 2005. According to the pub, Freud will stay on with the team, but will no longer manage funds.
notes that year-to-date, the Quest International Value Fund
is down 19 percent. The fund lagged the foreign large-cap value category's annualized average return by 1.6 percent since Freud took the helm of the fund in 2005.
Dishmon has served as PM of the Oppenheimer Global Value Fund
since its birth in 2007.
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