FundCalibre wins three fund research awards
FundCalibre has been named winner of the “Best Performing Investment Fund Research Firm UK 2022” by...
Morgan Stanley has completed a hat trick by claiming the number one spot in the FundCalibre Fund Management Equity Index for the third successive year.
Each year, FundCalibre’s research team identifies the asset management companies that have the most consistently strong stock-picking teams.
Looking back over the past five years, the analysis shows which companies have demonstrated they can add value for their equity investors year in, year out.
The result is the annual Fund Management Equity Index and the award for the ‘Elite Providers for Equities’ – now both in their sixth year.
Morgan Stanley remains top of the leader board, as its US and global franchises continue to significantly outperform their peers over five years. Its average fund returned 44.58%* more than its peers over the five years to 31 December 2019.
Ever-present in the top 10 in the past six years, Baillie Gifford has risen to second in the index with 14 of its 15 eligible funds outperforming across numerous parts of the globe. Its average fund outperformed its peers by 31.7%* over the period.
Having seen global stock markets sell-off at the end of 2018, few would have predicted 2019 would have been such a strong year for equities, with global returns in excess of 20%** and growth the dominant investment style once again. The top 10 companies consolidated their position with seven groups from 2019 re-appearing in 2020.
Two companies; Baillie Gifford and T. Rowe Price, have been among the top ten companies in each of the six annual surveys conducted. In second and fifth place respectively this year, this means that both asset management businesses have equity teams that have outperformed for a decade.
Both are also larger groups with 15 qualifying funds apeice. Maintaining such a level of consistency across that many products is extremely impressive.
|Rank 2020||Rank 2019||Fund group||5 yr. ave. outperformance||% of funds outperforming||No. of funds|
|5||4||T. Rowe Price||22.67%||86.66%||15|