The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TESIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the TESIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of TESIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Bolder than it once was, and unappealing.
Greg Carlson
Senior Analyst
Summary
An increased focus on stock selection in this strategy in recent years, coupled with a team that has seen changes and lacks a clear edge, results in uncertain prospects.