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Wednesday, August 08, 2012|
Stork and Reaper for August 8, 2012
The Stork coasted in today, carrying a new fund.
Wells Fargo [profile] filed for its Emerging Markets Local Bond Fund, which will seek total return. The fund will be advised by Wells Fargo Funds Management and subadvised by First International Advisors. The fund's management team consists of Michael Lee, Tony Norris, Alex Perrin, Christopher Wightman, and Peter Wilson. [SEC Filing]
The Reaper seems to have taken a day off; no funds were closed.
Other funds are experiencing some reorganization.
J.P. Morgan [profile] added Aryeh Glatter as PM to the EQ/JPMorgan Value Opportunities Portfolio. Glatter had joined the firm in 2011. [SEC Filing]
Fidelity Investments [profile] appointed Steven Bullock to manage its Medical Delivery Portfolio. Bullock joined Fidelity in 2006 and has worked as portfolio manager and research analyst. [SEC Filing]
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