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This Fund Manager Rating is based on the Citywire Long Only ratings methodology

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Stephen Smith

Stephen Smith

About Stephen Smith

Stephen Smith is an economics and business graduate of Xavier University in the US city of Cincinnati. He began his career at First Pennsylvania Bank, where he was vice president and fixed income portfolio manager. Prior to joining Provident Capital Management in 1984, Stephen founded Munsch and Smith Management. At Provident, he served as senior vice president overseeing taxable fixed income, similar to a role he subsequently held at Mitchell Hutchins. In 1991, Stephen joined Brandywine as managing director and portfolio manager. Here, he adopts an active, top-down, value investment style over his range of global bond funds. Stephen uses real yield and currencies as the firm’s primary measures of value. Other factors he takes into account include macroeconomic trends and political risks, and both cash and derivatives are used for efficient portfolio management. Away from work, Steve is a member of the board of trustees at St. Mary's Villa for Children and Families, a provider of services for abused and neglected children, and the Winterthur Museum & Country Estate, a non-profit, educational institution. He also chairs the Xavier University’s foundation and is a member of its board of trustees.

Invests in own strategies

Runs institutional money

Are you Stephen Smith?


  • Xavier University, USA
  • B.S. in Economics and Business Administration


  • Steve is a member of the Board of Trustees at both St. Mary's Villa for Children and Families, a provider of services for abused and neglected children, and the Winterthur Museum & Country Estate, a nonprofit, educational institution. He is also the Chair of Xavier University’s foundation and is a member of the board of trustees.

Citywire Rating: AAA rated


  • ARated AA in Apr 2012
  • MRated AA in May 2012
  • JRated A in Jun 2012
  • JRated AA in Jul 2012
  • ARated AA in Aug 2012
  • SRated AA in Sep 2012
  • ORated AA in Oct 2012
  • NRated AA in Nov 2012
  • DRated AAA in Dec 2012


  • JRated AAA in Jan 2013
  • FRated AAA in Feb 2013
  • MRated AAA in Mar 2013
  • ARated AA in Apr 2013
  • MRated AAA in May 2013
  • JRated AAA in Jun 2013
  • JRated AA in Jul 2013
  • ARated AA in Aug 2013
  • SRated AA in Sep 2013
  • ORated AA in Oct 2013
  • NRated AA in Nov 2013
  • DRated AA in Dec 2013


  • JRated AA in Jan 2014
  • FRated AA in Feb 2014
  • MRated A in Mar 2014
  • ARated AA in Apr 2014
  • MRated AA in May 2014
  • JRated AA in Jun 2014
  • JRated AA in Jul 2014
  • ARated AAA in Aug 2014


over : 31/07/2013 - 31/07/2014
Rank 17/103 Bonds - Global
Manager Return
17 Stephen Smith 7.3%
17 Jack McIntyre 7.3%
19 Alex Ralph 7.1%
19 James Foster 7.1%

Total Return

Month by Month Performance

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 6.7% 2.8% 3.3% 0.5%
2013 0.2% 3.2% -2.0% -1.7% 0.7%
2012 12.6% 2.9% 1.5% 2.7% 5.0%
2011 7.3% -0.1% 0.6% 5.5% 1.1%
2010 6.5% 4.5% 3.2% 2.2% -3.4%
2009 2.1% 2.1%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP)..
Portions of the information contained on this page was derived by Citywire Financial Publishers Ltd using content supplied by Lipper, A Reuters Company.