Tohru Kawakami at Amundi has achieved his first AAA Citywire manager rating since he was first rated by us in June 2010.
He manages the Amundi Fds Equity Japan Value - IJ (C) fund, which has delivered a total return of 33.3% over the last three years. This is nearly double the return of the Topix TR Index, which has risen 17.5% during the same period.
Another manager who gains his first AAA rating is Martine Wehlen-Bodé from UBS who manages the UBS (Lux) Bond Sicav - EUR Corporates P-acc fund, which mainly invests in investment grade European corporate bonds.
This fund seeks capital growth by investing at least two-thirds of its total assets in a diversified portfolio of bonds and other debt instruments denominated in the local currency of emerging Latin American markets. The last time she was rated was in January 2010.
Paul Gagey from Aviva has entered on his debut with an A rating based upon the performance of a variety of funds across different sectors including European bonds, global bonds and mixed assets.
Among the total eight contributing funds, the Aviva Securite Europe fund which sits in the Bond EUR sector has returned 30.32% during the 3 year period while its benchmark, Barclays Capital Euro Aggregate TR has risen by 16.99%.
Arnout van Rijn from Robeco comes straight into the French ratings this month with an A rating for running the Robeco Asia-Pacific Equities D EUR fund. Arnout is chief investment officer of Robeco Asia.
JP Morgan lead the groups with a total of 17 rated managers, followed by BlackRock with 15 rated managers, Fidelity and Schroders are in third position both with 13 rated managers close by.
In total, 351 managers are rated with 58 AAA, 81 AA and 212 A ratings issued in March. We are now tracking 2,710 managers running 3,909 funds; of which 1,963 have the necessary performance history required to be eligible for a rating.