DCM fails to live up to one of the hallmarks of stewardship, manager investment, to help align portfolio manager and shareholder interests. None of the firm’s assets are covered by an invested manager. DCM has undergone a bout of turnover in the past five years, as seen in its lower-than-average portfolio manager retention. This is a concern, as long-term stability tends to support positive results. On average, DCM's longest-tenured portfolio managers have accrued 21 years of tenure. This level of manager experience should give investors confidence in the group's ability to handle differing market conditions.
In an increasingly competitive industry, DCM falls behind on a number of key metrics, resulting in a Below Average Parent Pillar rating.