Manning & Napier Advisors [profile] filed for the Strategic Income Conservative Series and Strategic Income Moderate Series. These funds aim to manage against capital risk and generate income while pursuing long-term capital growth. As their names suggest, the Strategic Income Moderate Series will be managed with a less conservative asset allocation than the Strategic Income Conservative Series. Thirteen investment professionals from Manning & Napier will serve on the management team for these two funds. [SEC Filing]

Invesco Asset Management [profile] filed for theGlobal Opportunities Fund and the Select Opportunities Fund. The Global Opportunities Fund will seek long-term growth of capital through investing mainly in equity securities of domestic and foreign issuers. The fund will be managed by Nick Mustoe. The Select Opportunities Fund also seeks long-term growth of capital, but through investing in equity securities of small-cap domestic and foreign issuers, including those in developing-market countries. Robert Mikalachki, Virginia Au and Jason Whiting will be responsible for the management of the fund's portfolio. [SEC Filing]

Osterweis Funds [profile] launched theInternational Equity Fund yesterday. The fund seeks long-term total returns and intends to invest 95 percent of its net assets in equity securities. The fund is managed by John Osterweis, Matthew Berler, Alexander Kovriga, Gregory Hermanski and Zachary Perry. [SEC Filing]

BlackRock Advisors [profile] filed for the Short Obligations Fund and the Ultra-Short Obligations Fund. Both funds seek current income consistent with preservation of capital. The Short Obligations Fund will invest in floating-rate debt securities that mature in three years or less, and will be managed by Michael Evan and Richard Mejzak. The Ultra-Short Obligations Fund will invest in a broad range of U.S.-dollar-denominated money market instruments, and will be managed by Thomas Kolimago and Eric Hiatt. [SEC Filing]

The Reaper took another day off, but several funds reorganized.

The Mainstay Group of Funds renamed their Epoch U.S. Equity Fund the Epoch U.S. Equity Yield Fund. The fund will be repositioned to employ a domestic equity strategy. Also, David Pearl will be removed as PM and be replaced by Eric Sappenfield. [SEC Filing]

Vanguard [profile] added Timothy Beyer to the Explorer Value Fund management team. Beyer, who had previously worked with Sterling, is replacing Brian Walter. The Explorer Value Fund has $121.7 million in AUM, according to Morningstar. [SEC Filing]

Delaware Investments [profile] added a new PM, Paul Grillo, to its International Bond Fund. He is the second PM for the fund, the other being Paul Matlack. [SEC Filing]

Finally, the AXA Multimanager Large Cap Value Portfolio has a new PM, Thomas Colas, through Institutional Capital, the fund's subadvisor. [SEC Filing] 

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