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Randeep Somel

Randeep Somel

Showing manager performance in United Kingdom View performance globally
Funds Managed
  1. M&G Global Basics

Citywire Rating: Not Rated

2016

  • NNot rated in Nov 2016
  • DNot rated in Dec 2016

2017

  • JNot rated in Jan 2017
  • FNot rated in Feb 2017
  • MNot rated in Mar 2017
  • ANot rated in Apr 2017
  • MNot rated in May 2017
  • JNot rated in Jun 2017
  • JNot rated in Jul 2017
  • ANot rated in Aug 2017
  • SNot rated in Sep 2017
  • ONot rated in Oct 2017

Performance

Equity - Global
over : 30/09/2016 - 30/09/2017
Rank 376/583 Equity - Global
Manager Return
374 Justin Abercrombie 11.9%
375 Ryan Friedman 11.8%
376 Randeep Somel 11.8%
376 Jamie Horvat 11.8%
376 Tim Hartch 11.8%
376 Regina Lombardi 11.8%

Total Return

Month by Month Performance

Quarterly Performance

to 30/09/2017 Annual Q1 Q2 Q3 Q4
2017 5.7% 0.0% 2.5%
2016 31.9% 6.5% 8.1% 11.2% 3.1%
2015 -2.9% 6.7% -5.7% -10.7% 8.1%
2014 -0.1% 0.1% 0.2% -1.4% 1.1%

Related News

M&G to give giant Global Basics fund new identity

The Investment firm plans to reshape once high-flying £2bn fund and broaden its remit.

Back to Basics: how M&G’s Horvat reshaped the £1.9bn fund

Performance has started to improve on the fund since Horvat took over in December 2015.

M&G names Jamie Horvat as lead on Global Basics fund

M&G Investments has appointed Jamie Horvat as the lead manager to work alongside co-manager Randeep Somel on its Global Basics fund.

Randeep Somel steps back from M&G Managed Growth fund

Randeep Somel is to hand management of his M&G Managed Growth fund to the company’s multi-asset chief.

M&G Global basics shrinks by £1.8bn in 14 months

M&G Global Basics has seen its assets shrink by 42% in the 14 months since Randeep Somel took the helm of the now £2.5 billion fund.

Aberdeen tops Spot the Dog list after Swip buy

Two Newton funds also feature, while M&G continues to account for the largest amount of assets in Tilney Bestinvest's Spot the Dog study, which has risen to 60 funds.

How should fund groups handle star manager exits?

Wealth managers reveal how they want fund groups to react to losing star employees.

Have buyers been backing the global equity winners or losers?

Where has the global equity money been going over the past year?

Somel: I am not turning Global Basics into a generic equity fund

Randeep Somel, manager of the £3.2 billion M&G Global Basics fund, has rejected suggestions that he is dragging the fund away from its original investment approach.

Do fund managers suffer the Moyes effect?

Following in the footsteps of a great manager can be a tough task, as David Moyes' experience at Manchester United shows.

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