Thread regarding Mutual of America Life layoffs

Great News !

This is right from the horse's mouth at Morningstar:

"Morningstar Manager Research
Feb 24, 2025
Mutual of America has a strong investment culture as a firm, resulting in an Above Average Parent Pillar rating.

One of the most notable selling points of Mutual of America is its favorable fees for open-end and exchange-traded funds, signifying a dedication to investor interests. The firm's fees across their funds, on average, fall into the second-cheapest quintile of peer strategies. The firm's lineup has been durable. It has had a 10-year success ratio of 68%, meaning that of the strategies with a 10-year track record, 68% have beaten their respective category median. A high success ratio provides us insight into the relative success of the firm's product offerings. Mutual of America has undergone a bout of turnover in the past five years, as seen in its lower-than-average portfolio manager retention. Turnover in the portfolio-management ranks can happen for a number of reasons, including mergers and liquidations, portfolio managers moving into other roles, or portfolio managers leaving the firm. In some cases, such change may not signal a serious or immediate problem at the firm, but can still be disruptive for investors, hinder the effectiveness of a firm’s investment processes, or suggest a weaker investment culture."

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| 443 views | | 2 replies (last March 15, 2025) | Reply
Post ID: @OP+1jpbj4rm8

2 replies (most recent on top)

Oh great. The parent pillar rating is high. Too bad the company is terrible at actually being a business.

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Post ID: @dh+1jpbj4rm8

Do our clients know the great news our is our marketing department fumbling about how to get out the message ?

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Post ID: @a1+1jpbj4rm8

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