1.   And manager turnover tends to be rare for small funds at small shops, he said, because the manager is often the founder of the company.

2.   GT Global links the defections to the usual fund manager turnover that occurs after a big acquisition.

3.   John Hancock Funds is experiencing an above-average level of money manager turnover in recent months.

4.   The overriding issue for investors remains whether manager turnover has had a significant bearing on long-term performance.