The Stork recovered today and delivered a couple of new funds. Allianz filed for its AZL Pyramis Core Bond Fund, which will invest in investment-grade debt securities. The fund will be subadvised by Pyramis Global Advisors. Ford O'Neil, Pramod Atluri and Michael Plage serve as the fund's PMs. [SEC Filing]

Dreman Contrarian Funds [profile] just launched its Domestic Large Cap Over-Reaction Fund which seeks total return through investing in large-cap companies. The fund is managed by David Dreman, E. Clifton Hoover and Jason Altman. [SEC Filing]

PowerShares filed for its S&P 500 Downside Hedged Portfolio, an actively managed ETF which seeks total returns. The fund will use a strategy that is designed to provide returns which correspond with its benchmark, the S&P 500 Dynamic VEQTOR Index. The fund will be advised by Invesco PowerShares Capital Management and managed by Peter Hubbard, Brian McGreal, Jeffrey Kernagis and Theodore Samulowitz. [SEC Filing]

Today, the Reaper took a day off.

Other funds are being reorganized.

Invesco Advisers [profile] added Charles Ko as PM to the Transamerica Partners [profile] Small Core Portfolio. [SEC Filing]

Hartford Life [profile] filed to fold its Fundamental Growth Fund into its Growth Opportunities Fund. The Hartford Fundamental Growth fund has $86.6 million in AUM and has a one star rating on Morningstar. [SEC Filing]. The Hartford Growth Opportunities Fund has $1.9 billion in AUM and a three star rating on Morningstar. [SEC Filing]

SunAmerica [profile] added Steven Raineri as PM to its Small Company Value Portfolio. He, as well as William Lippman, Bruce Baughman, Margaret McGee and Don Taylor, are responsible for managing the fund. [SEC Filing]

American Funds [profile] replaced Dylan Yolles with Kristian Stromsoe from Capital Research Global Investors as PM for the Global Small Capitalization HLS Fund. [SEC Filing]

Northwestern Mutual Series Fund[profile] replaced Alan Wilson and Mark Hickey with Theodore Samuels and Eric Stern. Samuels and Stern will manage the Large Cap Blend Portfolio. [SEC Filing]  

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