In this month’s round-up, Tania Perez runs the rule over the 167 fund managers entering the Alternative Ucits ratings for May.
This breaks down as 62 + rated, 50 A-rated, 36 AA-rated and a total of 18 fund managers have earned Citywire AAA-ratings for their risk-adjusted returns.
Let’s take a closer look at some of the standout names entering the ratings for the first time.
Lundie has only just become eligible after serving for three years on the Alt Ucits fund but has been operating in the long-only fund market for a number of years.
He was last awarded a Citywire rating in November due to his three years adjusted performance in the long-only universe.
Returning to the ratings this month is BNP Paribas AM’s Olivier Rudez, who is now Citywire AA-rated for his work in the currency sector. He manages the THEAM I FX Opportunities fund and has also previously worked on long-only currency funds at previous employer Amundi.
Another making waves is Philippe de Weck, who has been awarded with a AA rating due to his performance while managing the PTR-Diversified Alpha-P EUR fund at Pictet, which is a market neutral fund. This is his first ever rating under our Alt Ucits methodology.
On the rise
P&G’s Fabiana Gambarota, who runs the P&G Structured Credit Opportunities Fund A fund within the Bonds – Absolute Return EUR sector, has stepped up to a AA rating from an A rating. This is her first AA rating since November last year.
Meanwhile, Teemu Liikanen has followed the same ratings rise path as Gambarota. He achieved his last AA in November 2016 and stepped up from Citywire A rating to AA this month. The Danske Fund’s fund manager runs the Danske Invest Neutral Kasvu fund in the Alt Ucits – Bond Strategies sector.
In brief these are the key figures for this month:
- 661 eligible managers for a rating running 786 funds
- 167 received a rating
- 18 AAA
- 36 AA
- 50 A
- 62 +