On average, clough global longest-tenured portfolio managers have 18 years of tenure at the firm. This level of experience should give investors confidence in the group's ability to navigate a variety of market conditions. Manager turnover at clough global over the past five years has been higher than at peer asset management firms, a possible signal that company culture is a bit unstable. The firm has not had a durable product lineup. Specifically, its three-year risk-adjusted success ratio demonstrates that only 20% of products were both able to survive and beat their respective category median on a risk-adjusted basis. A low success ratio indicates poor performance and raises questions about a firm’s discipline around investment strategy and product development.
With High Income, Don’t Believe Your Eyes
Funds claiming high yields amid market volatility? There’s always a catch.