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. A sign of strength at Arrow is its longest-tenured management, which boasts 11 years of average tenure at the firm. This wealth of experience builds confidence that the group can navigate a variety of market environments adeptly. Fees on open-end and exchange-traded funds are a weakness of the firm, contributing negatively to the rating. On average, expenses on its funds are within the second most-expensive quintile compared with category peers. With the current market environment of fee compression, this is cause for concern, as investors may flock over time to alternate asset managers to get a better deal.
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