Fees on the firm's open-end and exchange-traded funds are a weakness, contributing negatively to the rating and creating a larger performance hurdle on funds. On average, JAG Capital Management charges fees on its funds that are in the second most-expensive quintile of similarly distributed funds. 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. Compared with peers, JAG Capital Management has been adept at keeping portfolio management talent, providing continuity for strategies, as shown by low turnover over the past five years. Experienced longest-tenured management is a core advantage that JAG Capital Management has over others. Average asset-weighted tenure across management is 12 years, building confidence that the group has been put through its paces.
Category
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