Portfolio managers at Guardian tend not to invest alongside their shareholders, detracting from the overall stewardship assessment. None of the firm’s assets are covered by an invested manager. A notable weakness of Guardian is the inexperience of its longest-tenured managers compared with other asset managers. Managing capital through a full market cycle is a challenging prospect for seasoned managers, but with only four years of average asset-weighted tenure, there's cause for concern. The product lineup at Guardian has exhibited exemplary durability when looked at over the past three years. Notably, its three-year risk-adjusted success ratio stands at 67%, meaning that 67% of its products have survived and beaten their respective category median on a risk-adjusted basis.
Your 2024 Financial To-Do List
As the new year dawns, here’s your plan to get financially fit, one job at a time.