(Harvest) The Wall Street Journal recapped the huge outflow in assets under management at Grantham Mayo Van Otterloo & Co (GMO) which probably best known for Co-Founder and CIO Jeremy Grantham and to a lesser extent commentaries by Ben Inker.
Assets have dropped by about one third to $80 billion in the last two and a half years due to dissatisfaction with performance as Grantham has been criticized for missing out on the bull market due to what he believes are unfavorable valuations.