A source of strength is that the firm has been adept at retaining portfolio management talent, providing continuity for strategies, as shown by low turnover over the past five years compared with others in the industry. Experienced longest-tenured management is a core advantage that Thompson IM has over peer firms. With 16 years of average tenure across the group, it is clear that they've been put through their paces. Thompson IM open-end and exchange-traded products are priced, on average, among the second most-expensive quintile of similarly distributed strategies. This higher expense profile of its funds creates a larger performance hurdle and contributes negatively to Thompson IM's rating.
Thompson IM's track record as a steward is mixed, leading to an Average Parent Pillar rating.
United States