Founding members of the team lack the institutional knowledge of the asset management business. The CIO has literally never managed an active (or passive!) portfolio.
Inexperienced leadership, so an opportunity to educate inexperienced group.
Cons
The most toxic culture in the industry.
Inexperienced and ineffective leadership.
Ego had led to some of the worst decisions possible.
Over hired due and let go of over 30 personnel.
Constant whipsawing due to a lack of vision within the firm.
Management is a mess. Lot of unprofessional people without understanding the market. The worst is the company sometimes post fraudulent reviews here to misguide those candidates.
