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David, Harbor has a Small Cap Value fund with $1.7B, and a Small Cap Value Opportunities fund with $32M. It is the Small Cap Value Opportunities fund that is closing.
FISMX has done well, but just be aware that they have had a lot of manager changes. Since the fund's inception in 2002 there have been 9 different fund managers. Sam Chamovitz, the current manager, has been managing the fund since 2014. He does have…
One of our big concerns has been the size of the fund, and the total amount of assets that Hasenstab manages, which at one time got close to $100B. We confirmed that he is compensated on the amount of assets he manages, so there has been no incentiv…
Old_Joe, just posted about WESNX in the EMIYX thread. The fund has been helped this year by its large (25% of the portfolio) weighting in small cap Indian stocks, which have returned 50% YTD. The fund also had a very high weighting in Consumer Discr…
WESNX has been helped by a big weighting in small cap Indian stocks, almost 25% of the portfolio, and Indian small caps have returned about 50% YTD. The fund was also helped by its overweight (30% vs 17%) in Consumer Discretionary stocks.
David, thanks for the offer. Can you ask Bryan about whether he has a team of HY analysts (did former Ivy HY analysts come with him to Artisan), is Artisan letting him build up a team, or is he a one-man show. Would also want to know what AndyJ asks…
Third Avenue does seem to be having their struggles lately. I know a senior level product salesperson that recently left there. Havent had a chance to talk to him why he left, but always a red flag for me when a top salesperson leaves a firm.
