Longevity at the firm has been impressive. Its three-year risk-adjusted success ratio is 100%, meaning that 100% of the products have both survived and beaten their respective category median on a risk-adjusted basis. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. With an average tenure of six years among the longest-tenured managers at Ppm America, the firm is on par with peers. Seasoned teams tend to have more experience to draw upon should they need to weather turbulent market conditions. Despite other redeeming qualities as a firm, Ppm America has seen some disruption among its portfolio management ranks in the past five years, denoted by elevated turnover compared to peer asset-management firms. Long-term stability tends to support positive results.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.