Prima! Fresh faces in the Austrian fund manager ratings
Which managers are making headway in central Europe? Citywire reveals all.
by Chao Sun on Mar 27, 2012 at 13:50
The highest new entrant in the Austria ratings this month is bond star Chow Yang Ang, Asian fixed income portfolio manager at Schroders. He manages the Schroder ISF Hong Kong Dollar Bond fund which sits in one of the new sectors (Bond HKD) we started to cover in March.
Yang Ang started his investment career at JPMorgan and holds a Bachelor of Business Degree from NanYang Technological University.
The Schroder ISF Hong Kong Dollar Bond fund has delivered a total return of 14.72% over the past three years compared to the benchmark, Markit iBoxx ABF Hong Kong TR which has risen 9.21%.
Managers to received their first AAA rating include Swiss & Global Asset Management manager Paul McNamara, who spoke at the Citywire France Retreat for leading fund selectors in February. He manages the Julius Baer BF Local Emerging-USD fund which has outperformed its JPM ELMI+ index benchmark by 42.29%.
Toby Hudson of Schroders who manages the Schroder ISF Hong Kong Equity fund also gained his first ever AAA rating along with his colleague Chow Yang Ang this month. The fund is overweight Ping An Insurance Group of China by 3% and underweight Cheung Kong by 4.3% this month.
Pictet manager Orlena Yee (Pictet-Latin American Local Currency Debt ), PIMCO manager Mark Kiesel (PIMCO GIS Global Inv Grd Crdt Inst USD ) who oversees the PIMCO investment grade credit, high yield and bank loan business and Walter Wehrli of Nestor Investment Management (NESTOR Gold Fonds ) who all enter with an AA rating on their debuts.
In the group stakes, JP Morgan tops the table with a total of 19 rated managers, followed by BlackRock with 14 and Franklin Templeton with 13 rated managers.
In total 367 managers available in Austria are rated by Citywire, with 61 AAA, 91 AA and 215 A ratings issued in March. We are now tracking 2,360 managers running 3,096 funds; of which 1,674 have the necessary performance history required to be eligible for a rating.
If you want to keep up-to-date with ratings changes Citywire you can join the Citywire Ratings LinkedIn group, run by senior research analyst Michael Atta-Mensah.
Citywire Ratings highlight the best performing fund managers in the industry based on their ability to outperform the markets and this group offers commentary insights with in-depth analysis of fund managers.
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- Schroder ISF Hong Kong Dollar Bond I Acc
- Schroder ISF Hong Kong Equity I Acc
- Julius Baer BF Local Emerging-USD C
- Pictet-Latin American Local Currency Debt-I USD
- PIMCO GIS Global Inv Grd Crdt Inst USD Inc
- NESTOR Gold Fonds
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by Citywire Research Team on May 24, 2013 at 14:04