FYI: Morningstar has long recognized Pasadena, CA-based Primecap Investment Management as an outstanding active manager, and that continues with the May 9 announcement of Primecap’s James Marchetti as the inaugural winner of the Rising Talent Morningstar Award for Investing Excellence. He is the most recently named portfolio manager on an elite five-person team. Backed by one of the industry’s best analyst benches, this team uses a high-conviction multimanager approach to run Primecap’s six U.S. open-end funds. As each fund receives a Morningstar Analyst Rating of Gold, investors would do well to understand their differences, especially in the aftermath of years like 2018, when the three funds that Primecap subadvises for Vanguard outperformed their Odyssey-branded counterparts.
Regards,
Ted
https://www.morningstar.com/articles/930350/primecaps-golden-lineup-its-six-funds-come-in-pair.html
