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www.zinio.comVANGUARD Health Care has a new manager, Rebecca Sykes. Well, maybe not so new. Sykes, who started with the fund as an analyst in 2007, joined Jean Hynes as comanager in 2023. But at the start of 2025, Hynes stepped away from the fund—though she’ll stay on as chief executive of Wellington Management, the fund’s subadviser, a position she’s held since early 2021. “The change is part of a thoughtful, long-term succession plan,” a Vanguard spokesman said. Health Care, which has $40.5 billion in...
www.zinio.comSPRINGTIME is annual meeting season, and there’s not a more anticipated shareholder confab than the one put on by Berkshire Hathaway in Omaha, scheduled for May 4. This year’s get-together will be marked by the absence of chairman and CEO Warren Buffett’s longtime partner, Charlie Munger, who died in November. … In February, Capital One announced plans to buy Discover Financial in a $35.3 billion transaction. The deal brings together two major players in the credit card industry, and it...
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www.kiplinger.comIT wasn’t the best of times or the worst of times, but as markets go, it was a solid year. Though only a few tech-oriented stocks drove returns in the S&P 500 index, the benchmark logged a 30% total return over the past 12 months through February. A recent rally helped lift small- and midsize-company stocks, too; the Russell 2000 climbed 10%, and the S&P MidCap 400 index rose 13%. … SPRINGTIME is annual meeting season, and there’s not a more anticipated shareholder confab than the one put on...
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