A three-star, $834-million Columbia
] fund is under new management. Morningstar reports
that Columbia Strategic Investor Fund
co-PMs Emil Gjester
and Jonas Patrikson
stepped down from helming the fund and will leave the mutual fund firm this summer. MStar
blamed a "lackluster record" for the fund in recent years.
, Laton Spahr
and Paul Stocking
, have taken over the fund. Michael Welter
, also part of the management team, will stay as an analyst.
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