On July 23, Columbia Acorn International lead manager Louis Mendes announced his plans to retire in late August after running this strategy for 17 years. While Mendes represented an anchor of continuity for a team that has recently suffered from burdensome turnover, his leadership didn’t lead investors to success over the past decade, and a fresh start could be what the strategy needs to find better results.
Will LAIAX 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 LAIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LAIAX 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 LAIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.