When a Fund Manager Flees, Should You?

April 13, 2010  |  

(Money Magazine) — Navigating a choppy market is hard enough. Making matters worse is the fact that some of the most respected skippers in the fund industry are leaving the portfolios they’ve helmed for years.

Among them are FPA’s Robert Rodriguez, Morningstar’s 2008 bond manager of the year, who’s on sabbatical, and Jack Laporte, who’s retiring after a successful 22-year run at T. Rowe Price New Horizons.

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