Top 20 asset managers (minimum R5 billion) in South Africa by equal-weighted rating:<\/strong><\/p>\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2018\/01\/MorningStar.png\")
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Investment research firm, Morningstar, has recently published 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 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
Often called the ‘Star Rating’,\u00a0 it is a quantitative assessment of a fund\u2019s past performance and is measured from a minimum of one to a maximum of five stars.<\/p>\n
The rating delivers an overall-weighted and an asset-weighted ranking of asset managers and their rated range of South African domiciled funds. The ranking by overall-weighted Morningstar Rating mirrors the average quality of the overall fund range given that all funds are weighted equally.<\/p>\n
The asset-weighted ranking gives an assessment of an asset manager\u2019s weakness and strength, in light of how investors allocated assets between available investment options within the fund range.<\/p>\n
South Africa\u2019s largest private asset manager, Allan Gray, along with Fairtree Capital, topped the list of the country\u2019s best fund managers for investment performance.<\/p>\n
Prudential Investment Managers climbed to third, up from previous quarter.<\/p>\n
Top 20 asset managers (minimum R5 billion) in South Africa by asset-weighted rating:<\/strong><\/p>\n Top 20 asset managers (minimum R5 billion) in South Africa by equal-weighted rating:<\/strong><\/p>\n<\/a><\/p>\n
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