Virtus AllianzGI Focused Growth’s newest comanager, Nina Gupta, abruptly resigned from subadvisor AllianzGI and is no longer a manager on this strategy effective Aug. 4, 2021. Gupta’s surprising departure continues an unwelcome pattern of manager churn on this strategy; she’s the eighth manager to depart since 2009. However, her involvement here was limited--she’d been a comanager for just four months--so her departure does not affect the strategy’s Average People rating or Morningstar Analyst Rating of Neutral.
Will PGFIX 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 PGFIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PGFIX 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 PGFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.