Fund Management Equity Index 2022

Morgan Stanley knocks Baillie Gifford off the top spot

Having been pipped to the post in 2021, Morgan Stanley has reclaimed the top spot in FundCalibre’s Fund Management Equity Index 2022*.

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’ – and Morgan Stanley has now claimed first position in four out of eight annual reports.

Back at the top

Having claimed the top spot for three consecutive years, Morgan Stanley was pushed into second place last year by Baillie Gifford. However, in 2021, the company’s equity franchise staged a comeback. Its average fund returned 44.63% more than its peers over the five years to 31 December 2021.

FSSA, Marlborough, Brown Advisory, Liontrust, Matthews Asia, T. Rowe Price, Nordea and Allianz made up the remainder of the top ten slots.

Top ten fund groups 2022

Rank 2021Rank 2020Fund group5 yr. ave. outperformance% of funds outperformingAverage OCFNo. of funds
12Morgan Stanley44.63%100%0.92%7
21Baillie Gifford44.47%88%0.61%17
540Brown Advisory27.48%80%0.79%5
77Matthews Asia23.97%67%1.03%9
84T. Rowe Price22.90%88%0.92%16
9New EntryNordea22.78%75%1.15%4

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This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice. Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.