Top 20\u00a0asset managers \u2013 Equal-weighted<\/strong><\/p>\n![](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/01\/Asset-Managers-1.png\")
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Investment research firm, Morningstar, has released its latest analysis of South African asset managers, detailing which of the country’s\u00a0top fund managers have delivered the best returns.<\/p>\n
The analysis is designed to compare managed fund ranges across local asset managers by aggregating their Morningstar Ratings \u2013 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
Morningstar stressed, however, that the ranking is not designed as a forward-looking tool \u2013 and does not indicate the future positioning of asset managers.<\/p>\n
South Africa\u2019s largest private asset manager, Allan Gray, topped the list of the country\u2019s best fund managers for investment performance, showing a continued trend towards\u00a0value-oriented management.<\/p>\n
This can be seen elsewhere on the list with large year-on-year increase of managers with a similar style, while high-risk, high-reward schemes saw sharp declines, the group said.<\/p>\n
Top 20\u00a0asset managers \u2013 Asset-weighted<\/strong><\/p>\n Top 20\u00a0asset managers \u2013 Equal-weighted<\/strong><\/p>\n<\/a><\/p>\n
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