Comanager Richard Watson departed Columbia Acorn in February 2021 after only two years on the strategy to pursue other opportunities, furthering the team’s struggle with personnel turnover. However, its Average People and Process Pillar ratings remain unchanged, as does its Morningstar Analyst Rating of Neutral for all share classes.
Will LACAX 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 LACAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LACAX 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 LACAX’s parent organization’s priorities and whether they’re in line with investors’ interests.