TheStreet.com Ratings: The Fund Manager Shuffle

Stock quotes in this article: FSCSX , FSPTX , FNINX , FSDCX , FCYIX , FSPFX , SPQAX , VWNFX  

Vanguard

Vanguard added Lazard Asset Management to the (VWNFX Quote)Vanguard Windsor II fund (VWNFX) to manage a majority of the assets previously overseen by Equinox Capital Management and Tukman Capital Management.

Vanguard also added Jennison Associates to the advisory team of the (VMRGX Quote)Vanguard Morgan Growth fund (VMRGX). Jennison will initially manage a relatively modest portion of the fund's assets and take a share of future cash flows. Kathleen A. McCarragher acts as portfolio manager.

Legg Mason

Jay Leopold started as manager of the (SPAAX Quote)Legg Mason Partners All Cap A fund (SPAAX). Leopold's tenure at Legg Mason dates back 20 years. He had served as co-manager of Legg Mason Capital Management's All Cap fund since 2002 and became sole manager in 2005. Prior to that, he was assistant portfolio manager of the firm's (LMALX Quote)American Leading Companies mutual fund (LMALX).

Legg Mason also appointed Aram E. Green and Jeffrey J. Russell as co-managers of the (SASMX Quote)Legg Mason Partners Small Cap Growth fund (SASMX) in February.

Trussco Capital Management

STI Classic Funds, managed by Trussco Capital Management, added managers to seven funds on Feb. 7. Brian Nold, co-manager of the (SAHIX Quote)High Income (SAHIX), became co-manager of (SAINX Quote)Strategic Income (SAINX). Perry Troisi assumed sole management of (SCUSX Quote)U.S. Government Securities (SCUSX) and (SAMLX Quote)Limited Duration (SAMLX).

Adrien Webb, also a Trussco managing director since May 2004, became a co-manager of the (IBASX Quote)Intermediate Bond fund (IBASX), (STIGX Quote)Investment Grade fund (STIGX) and (CBPSX Quote)Total Return Bond fund (CBPSX).

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