In this round-up, research analyst Tania Pérez showcases the star performers posting ratings-worthy performances in Alternative Ucits for December.
In December 2017, there were a total of 190 rated managers in this universe, which is distributed as 23 AAA rated, 40 AA, 55 A and 72 Citywire + ratings. Within that, there are nine first timers this month under our Alt Ucits ratings methodology.
Highest new entrants
Looking at team-led approaches, the quartet overseeing the AQR Style Premia UCITS fund is co-managed by the following first-time rated managers: Andrea Frazzini; Jacques Friedman; Ronen Israel; and Michael Katz. The fund falls into the Alternative Ucits Multi Strategies sector.
On the rise
Yann Olivier of from Aesope Gestion De Portefeuilles has achieved his first-ever AAA rating while managing the Aesope Equilibre fund in the Mixed Assets - Absolute Return EUR sector. Olivier has stepped up from his AA rating in November. Since January 2017 he has achieved a rating consistently every month.
Muzinich’s Michael McEachern has also stepped up from a AA rating in November to a AAA in December. He manages the Muzinich Global Tactical Credit Hdg USD Inc Fndr fund within the Bonds - Absolute Return USD sector. He got his first Citywire rating in December 2016, which was a Citywire AAA rating.
Akin Akinloye of Cheyne Capital, who manages the Cheyne Convertibles Absolute Return S2 EUR fund in Alternative Ucits – Convertibles sector, has been awarded with a AA. He stepped from the Citywire A rating he received last month.
In December there were two managers who came back to the ratings. Amundi’s Matthieu Caillou returns with a Citywire + rating. He co-manages the Amundi 24 M E fund along the previously-mentioned Nathalie Coffre. The fund sits within Alt Ucits – Bond Strategies. He received his first Citywire rating under this methodology in December 2014.
From State Street Global Advisors, Frédéric Dodard is back to the ratings with a Citywire + rating. He manages the SSgA Flexible Asset Allocation Plus Fund B Cap fund in Mixed Assets - Absolute Return EUR sector.
In brief these are the key figures for this month:
- 701 eligible managers for a rating running 867 funds
- 190 received a rating
- 23 AAA
- 40 AA
- 55 A
- 72 +