As you know, Douglas Rao quit Marsico and went elswhere.
The managers who took over have not done well with other funds at Marsico.
Consesus opinion that I gathered here as well as at M*, wait and watch until there is a proof that peformance is deteriorating . My concers is that Harbor is liquidating its flexible capital fund, which was also managed by Rao. Looks like, either they do not have enough confidence in replacement mgrs or they have not collected enough assets and liquating it. I think it is the former rather than later.
Pls. let me know your thoughts.