The firm has proven successful at retaining portfolio management talent, providing continuity for strategies, as displayed by low turnover in the past five years compared with asset management peers. The firm’s lineup has demonstrated industry-average durability. Its five-year risk-adjusted success ratio is 44%, meaning that 44% of strategies have both survived and beaten their respective category median on a risk-adjusted basis. A firm's success ratio indicates relative performance and provides insight into a firm’s discipline around investment strategy and product development. Lofty fees for the firm's open-end and exchange-traded funds are a weakness, contributing negatively to Arrow's rating and creating a larger performance hurdle. The firm's fund fees, on average, fall within the second most-expensive quintile of similarly distributed strategies.
Carl Vine: Japan Holds the ‘Most Fascinating Little Pocket of the Global Equity Market’
A longtime Asian equities investor talks structural change, a new shareholder focus, and opportunity in Japan (and China).
United States