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Vaughan Nelson Investment Management announced the retirement of Stephen A. Davis, co-manager of the Vaughan Nelson Small Cap Value Fund (NEJYX), effective March 31, 2023. Davis joined the investment team in 2010 and has co-managed the fund since 2019. Chris D. Wallis and James Eisenman will continue to manage the fund, maintaining its current investment strategy. Vaughan Nelson, based in Houston, manages $12.7 billion in assets as of September 30, 2022, and is an affiliate of Natixis Investment Managers, managing diverse investment strategies.