On Nov. 20, 2020, Jackson Square Partners announced that Macquarie has sold its minority stake in Jackson Square to Affiliated Managers Group AMG. Jackson Square Partners remains majority employee-owned and retains its operational and investment autonomy. Two changes on the investment team round out the recent reform, but these are manageable, and the ratings are unchanged. Jackson Square SMID-Cap Growth’s Institutional and IS share classes retain a Morningstar Analyst Rating of Silver, while the pricier Investor share class maintains a Bronze.
Will JSMTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JSMTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the JSMTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of JSMTX’s parent organization’s priorities and whether they’re in line with investors’ interests.