Greg Woodhams, co-chief investment officer of American Century's global growth team and lead manager of American Century Growth TWCGX, will retire at the end of 2021. Keith Lee will take over Woodhams' co-CIO duties (alongside Keith Creveling) on Sept. 1, 2021, and Joe Reiland will succeed him as head of the U.S. large-cap growth team and comanager on the fund. At the same time, Reiland will become a named manager of American Century VP Growth AWRIX. While Woodhams' 40-plus years of investment experience can't be matched, Reiland is an adequate replacement. He has more than 25 years of industry experience and has been a member of the U.S. large-cap growth team since joining the firm in 2000. Reiland also is the architect of the team's quant model.
Will TWRCX 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 TWRCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TWRCX 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 TWRCX’s parent organization’s priorities and whether they’re in line with investors’ interests.