Fidelity came out on top in the latest Asset Allocator 100 Club Awards, after a period of data crunching created shortlists in 20 categories, and then an external judging panel picked indivdual fund winners in each category.
Asset Allocator is a sister title to FTAdviser.
And the team have crunched the numbers and a panel of external judges have had their say, so we can now present the winners of the Asset Allocator 100 Club, to compile a list of the best performing funds, within strict criteria, over a one and five year period.
We crunched one and five year performance numbers,filtered to ensure the mandates in question are still open to investors and sufficiently large to be relevant.
Clicking the link above (or here) will reveal the full short-list of 100 funds, which was compiled via the number crunching, while the winners in each of the 20 categories were chosen by a judging panel.
Fidelity won in three individual fund categories, and also won Large Group of the year.
Those were Fidelity European Trust, Fidelity Global Industrials and Fidelity UK Smaller Companies.
The time period assessed was the one and five year performance to April 25, 2023.
That one year period encapsulates a time when value stocks were doing well, and that may help explain why Fidelity performed well.
The other story from this year’s list is the strong performance of boutique fund houses, with Evenlode Income coming out top in the UK category.
That is one of only two funds run by Evenlode, though it is £3.6bn in size and run by the long established Hugh Yarrow.
Swiss firm Vontobel claimed the prize for £639mn Global Corporate Bond fund.
A couple of investment trusts also appear on the roll of honour, with Merchants taking home the Income Equity Income gong, and Pacific Assets Trust in the Asia Pacific category.
Polar Capital Global Insurance won in the Specialist category.
Again prevailing economic conditions provided a fair wind for this fund, with higher interest rates boosting the returns available from their surplus capital, and as yields have continued to rise, there may be momentum there for some time to come.
That, and being shortlisted in other categories was sufficient to earn Polar the title of Small Fund Group of the year.
