Old Westbury lags peer asset managers in a number of stewardship qualities, resulting in a Low Parent Pillar rating. One negative from the firm's rating is its comparatively high portfolio manager turnover over the past five years. Turnover in the portfolio-management ranks can happen for a number of reasons, including mergers and liquidations, portfolio managers moving into other roles, or portfolio managers leaving the firm. In some cases, such change may not signal a serious or immediate problem at the firm, but can still be disruptive for investors, hinder the effectiveness of a firm’s investment processes, or suggest a weaker investment culture. In terms of risk-adjusted performance, the Old Westbury open-end and exchange-traded funds fall short of competitors, with an average 10-year Morningstar Rating of 2.0 stars. Experienced longest-tenured management is a core advantage that Old Westbury has over others. Average asset-weighted tenure across management is 11 years, building confidence that the group has been put through its paces.
Old Westbury
Old Westbury Investments
Market
US Open-end ex MM ex FoF ex FeederTotal Net Assets
39.30 BilInvestment Flows (TTM)
−1.31 BilAsset Growth Rate (TTM)
−2.90%# of Share Classes
8
Morningstar Rating
|
# of Share Classes
|
|---|---|
| 0 | |
| 0 | |
| 5 | |
| 2 | |
| 0 | |
| Not Rated | 1 |
0%
50
100
Name
|
Morningstar Rating Overall
|
5-Year Category Rank
|
|---|---|---|
| Old Westbury Fixed Income | 24 | |
| Old Westbury All Cap Core | 54 | |
| Old Westbury Small & Mid Cap Strategies | 73 | |
| Old Westbury California Municipal Bd | — | |
| Old Westbury New York Municipal Bd | — |
The Morningstar Star Rating for Funds is a purely quantitative measure of a fund's past performance, measured from one to five stars.
Star ratings are calculated at the end of every month.
Investments must have at least 36 continuous months of total returns to receive a rating.
Quick Definitions: Key Morningstar Terms
Morningstar Rating™ for Funds
The Morningstar Rating for Funds, often referred to as the Star Rating, measures a fund’s past performance compared to similar funds on a risk-adjusted basis.
Morningstar Analyst Rating for Funds™
The Morningstar Analyst Rating` for funds is a forward-looking, qualitative rating. It helps investors find funds most likely to outperform their peers over a full market cycle.
Percentile Rank
Percentile rank is how an investment’s return, risk, or other metric compares with other investments in its Morningstar Category.
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