{"id":130570,"date":"2016-07-18T19:30:22","date_gmt":"2016-07-18T17:30:22","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=130570"},"modified":"2016-07-18T17:51:51","modified_gmt":"2016-07-18T15:51:51","slug":"these-are-the-best-unit-trust-managers-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/130570\/these-are-the-best-unit-trust-managers-in-south-africa\/","title":{"rendered":"These are the best unit trust managers in South Africa"},"content":{"rendered":"

Investment research firm, Morningstar, has released its latest analysis of South African asset managers, showing which local firm is delivering the best returns when it comes to unit trusts.<\/p>\n

The analysis is designed to compare managed fund ranges across local asset managers by aggregating their Morningstar Ratings – which assigns individual funds a ranking of between one and five stars.<\/p>\n

The research is calculated on a quarterly basis and provides an\u00a0assessment of the risk-adjusted return of all South African-based unit trusts carrying a Morningstar Rating.<\/p>\n

The analysis is designed to help investors make meaningful comparisons between investment funds.<\/p>\n

Morningstar stressed, however, that the ranking is not designed as a forward-looking tool – and does not indicate the future positioning of asset managers.<\/p>\n

“This follows the line that the Morningstar Rating is intended for use as the first step in the fund evaluation process,” it said.<\/p>\n

Best asset managers<\/strong><\/p>\n

The ranking shows the best asset managers on an Overall-Weighted and an Asset-Weighted basis, which both have their benefits, the group noted.<\/p>\n

The ranking by Overall-Weighted Morningstar Rating mirrors the average quality of the overall fund range<\/strong>, given that all funds are weighted equally.<\/p>\n

The Asset-Weighted ranking gives an assessment of an asset manager\u2019s weakness and strength<\/strong>, in light of how investors allocated assets between available investment options within the fund range.<\/p>\n

Only asset managers with a minimum of R5 billion in assets and a minimum three-year track record were included.<\/p>\n

Top 15 asset managers – Overall-Weighted<\/strong><\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nAsset manager<\/th>\nRated assets (Rbn)<\/th>\nScore<\/th>\n<\/tr>\n
1<\/td>\nFoord Unit Trusts<\/td>\n77.2<\/td>\n4.75<\/td>\n<\/tr>\n
2<\/td>\nAllan Gray Unit Trust Management<\/td>\n226.7<\/td>\n4.67<\/td>\n<\/tr>\n
3<\/td>\nTruffle Asset Management<\/td>\n8.5<\/td>\n4.67<\/td>\n<\/tr>\n
4<\/td>\nNedgroup Collective Investments<\/td>\n110.7<\/td>\n3.67<\/td>\n<\/tr>\n
5<\/td>\nAshburton Management Company<\/td>\n7.2<\/td>\n3.56<\/td>\n<\/tr>\n
6<\/td>\nPrudential Portfolio Managers<\/td>\n77.6<\/td>\n3.55<\/td>\n<\/tr>\n
7<\/td>\nCoronation Management<\/td>\n224.9<\/td>\n3.42<\/td>\n<\/tr>\n
8<\/td>\nInvestec Fund Managers<\/td>\n113.8<\/td>\n3.42<\/td>\n<\/tr>\n
9<\/td>\nFirst Global Group<\/td>\n5.7<\/td>\n3.40<\/td>\n<\/tr>\n
10<\/td>\nSygnia Collective Investments<\/td>\n10.4<\/td>\n3.33<\/td>\n<\/tr>\n
11<\/td>\nPSG Collective Investments<\/td>\n57.7<\/td>\n3.32<\/td>\n<\/tr>\n
12<\/td>\nPrescient Management<\/td>\n29.5<\/td>\n3.31<\/td>\n<\/tr>\n
13<\/td>\nSTANLIB<\/td>\n122.4<\/td>\n3.02<\/td>\n<\/tr>\n
14<\/td>\nDiscovery Life Collective Investment<\/td>\n26.4<\/td>\n3.00<\/td>\n<\/tr>\n
15<\/td>\nOasis Crescent Management<\/td>\n5.2<\/td>\n3.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Top 15 asset managers – Asset-weighted<\/strong><\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
#<\/th>\nAsset manager<\/th>\nRated assets (Rbn)<\/th>\nScore<\/th>\n<\/tr>\n
1<\/td>\nFoord Unit Trusts<\/td>\n77.2<\/td>\n4.92<\/td>\n<\/tr>\n
2<\/td>\nAllan Gray Unit Management<\/td>\n226.7<\/td>\n4.82<\/td>\n<\/tr>\n
3<\/td>\nTruffle Asset Management<\/td>\n8.5<\/td>\n4.41<\/td>\n<\/tr>\n
4<\/td>\nInvestec Fund Managers<\/td>\n113.8<\/td>\n4.27<\/td>\n<\/tr>\n
5<\/td>\nPrudential Portfolio Managers<\/td>\n77.6<\/td>\n4.21<\/td>\n<\/tr>\n
6<\/td>\nSygnia Collective Investments<\/td>\n10.4<\/td>\n3.97<\/td>\n<\/tr>\n
7<\/td>\nPersonal Trust International Management<\/td>\n6.2<\/td>\n3.96<\/td>\n<\/tr>\n
8<\/td>\nCoronation Management Co.<\/td>\n224.9<\/td>\n3.90<\/td>\n<\/tr>\n
9<\/td>\nNedgroup Collective Investments<\/td>\n110.7<\/td>\n3.71<\/td>\n<\/tr>\n
10<\/td>\nPSG Collective Investments<\/td>\n57.7<\/td>\n3.70<\/td>\n<\/tr>\n
11<\/td>\nFirst Global Group<\/td>\n5.7<\/td>\n3.58<\/td>\n<\/tr>\n
12<\/td>\nDiscovery Life Collective Investment<\/td>\n26.4<\/td>\n3.58<\/td>\n<\/tr>\n
13<\/td>\nAshburton Management Co.<\/td>\n7.2<\/td>\n3.57<\/td>\n<\/tr>\n
14<\/td>\nPrescient Management Co.<\/td>\n29.5<\/td>\n3.51<\/td>\n<\/tr>\n
15<\/td>\nOld Mutual Unit Trusts<\/td>\n107.7<\/td>\n3.30<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

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Investment research firm, Morningstar, has released its latest analysis of South African asset managers, showing which local firm is delivering the best returns.<\/p>\n","protected":false},"author":10,"featured_media":45198,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[26,11542,11544],"class_list":["post-130570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-headline","tag-invest","tag-morningstar"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/130570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=130570"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/130570\/revisions"}],"predecessor-version":[{"id":130594,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/130570\/revisions\/130594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/45198"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=130570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=130570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=130570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}