{"id":152915,"date":"2017-01-26T10:27:11","date_gmt":"2017-01-26T08:27:11","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=152915"},"modified":"2017-01-26T10:27:11","modified_gmt":"2017-01-26T08:27:11","slug":"raging-bull-awards-south-africas-best-financial-manager-announced","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/152915\/raging-bull-awards-south-africas-best-financial-manager-announced\/","title":{"rendered":"Raging Bull Awards – South Africa’s best financial manager announced"},"content":{"rendered":"

Online publication Personal Finance\u00a0held its\u00a0Raging Bull <\/a><\/strong>awards on Wednesday\u00a0(25\u00a0January),\u00a0announcing the best performing financial managers in South Africa over the course of 2016.<\/p>\n

The awards were established in 1997 to honour the managers of funds that consistently earn good returns for South African retail investors.<\/p>\n

Allan Gray took home\u00a0the most prestigious award\u00a0of\u00a0“South African Management Company of the Year in 2016”, making it the fifth time in the company’s history.<\/p>\n

It also indicated a massive come back for the asset manager as it had slipped down the rankings in recent years – stooping to as low as fifth in 2014.<\/p>\n

The management company of the year award is based on the overall risk-adjusted performance of all a company\u2019s funds in unit trust sectors that consist of five or more funds with a performance history of at least five years to the end of 2016.<\/p>\n

PSG received the certificate for second-best domestic management company, while Nedgroup Investments scooped both third place as well as the award for\u00a0best\u00a0Offshore Management Company in 2016.<\/p>\n

Investec Asset Management won two “special” awards over the course of the evening, including a Raging Bull for top outright performance over 21 years by a South African equity general fund, as well as an award for the best risk-adjusted performance over 21 years by a South African multi-asset equity fund.<\/p>\n

\n

Read: South African repo rate unchanged<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Personal Finance held its “Raging Bull” awards on Tuesday, 25 January celebrating the best performing financial managers in South Africa over the course of 2016.<\/p>\n","protected":false},"author":10,"featured_media":25338,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[25,4361],"class_list":["post-152915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-active","tag-personal-finance"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/152915","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=152915"}],"version-history":[{"count":9,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/152915\/revisions"}],"predecessor-version":[{"id":152943,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/152915\/revisions\/152943"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/25338"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=152915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=152915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=152915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}