Nottingham

Nottingham open-end and exchange-traded products are costlier than similarly distributed funds at other highly-rated asset managers, on average in the second most expensive quintile of category peers. The higher expense profile contributes negatively to the firm's overall stewardship rating and creates a larger performance hurdle. The Nottingham portfolio management team has lacked continuity over the past five years, denoted by elevated levels of turnover, which bears watching. Average tenure of seven years among the longest-tenured managers at Nottingham is on par with peer firms. In isolation, seasoned teams tend to have more experience to draw upon should they need to weather turbulent market conditions.