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The shoddy returns at the two funds have renewed questions about the firm's overall size, and whether the asset load is just too much to manage.
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Winners in nonpartisan elections often turn out to have only one real asset: loads of cash.
It allows the firm to distinguish itself from larger rivals, whose asset loads make it difficult to invest in portfolios of that size.
Now, the online education company is also making available its self-driving car simulator via open source license, allowing anyone with a working knowledge of Unity to gab the assets, load its preexisting scenes and create their own tracks for virtual testing.
"Extraordinary measures like selling historic assets, loading down members with special assessments and dues increases would not be necessary if management were doing a better job," said James Larocca, a former board member.
Dedio left DWS Small Cap Growth Fund last year to take over Julius Baer U.S. Small Cap Fund, a young fund with just $11 million in assets, no load and expenses of 1.5% of assets yearly.
It was sort of cool in a way — the game's obstacles and assets would load faster the background — but it tended to make playing the game much more difficult than it needed to be.
Activists have a reputation for stripping cash and assets and loading firms with debt.
Sweat the assets while loading the core business with debt, so you can move on and do it again.
Two other top (by assets) no-load shops, Janus and T. Rowe Price, seem to have baby stock funds under warming lights.
One common strategy involves raiding the company's assets while loading it up with debt, eventually forcing the company into bankruptcy.
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CEO of Professional Science Editing for Scientists @ prosciediting.com