manager scoops awards for outstanding achievement and uk growth manager of the year at iw's fund manager of the year awards
Andrew Green of GAM was named as UK Growth fund manager of the year as well as being presented with an award for outstanding achievement.
Against a background of a struggling UK markets, Green, along with Simon Knott, winner of the UK smaller companies award, both produced strong positive returns well in excess of their peer group averages.
As in past years, the judging panel consisted of John Husselbee of Hendersons, John Chatfeild-Roberts of Jupiter and Gary Potter and Robert Burdett of Credit Suisse, along with Mark Colegate and Kira Nickerson, editor and deputy editor of Investment Week respectively.
Green's victory in the UK Growth category was one of the toughest decisions the panel faced. Competition in the category was particularly strong from Marlborough UK Growth and Fidelity Special Situations.
The judges felt Green merited the outstanding achievement award for delivering outstanding positive growth on both the St James Place Recovery and GAM UK Diversified funds in each of the three discrete years to 31 May, a period in which markets tested the best managers.
Knott, manager of the Discretionary fund, won the award for best UK smaller companies manager, having displayed strong performance over an extended period.
Invesco Perpetual scored a triple success at the awards with winners in the Asset Allocator, UK Income and Gilts & Global Fixed Interest categories.
Neil Woodford was named fund manager of year in the UK Income category, having beaten off competition from the likes of Jeremy Lang at Liontrust and Tony Nutt's Jupiter High Income.
Paul Causer and Paul Read won the Gilts & Global Fixed Interest category while Invesco Perpetual chief investment officer Bob Yerbury was named fund manager of the year in the Asset Allocator category.
The three awards represent victories in each category in which the group received nominations.
In the covetted UK Corporate Bond category, an asset class that is attracting an increasing allocation of assets from the intermediary sector, John Hamilton, manager of the Jupiter Corporate Bond fund, was named overall winner.
Often overlooked at Jupiter, which is predominantly known as an equities house, Hamilton's flexible approach helped generate impressive returns.
Manager of the fund since 1998, Hamilton has not been averse to looking overseas to protect capital and augment the predominantly UK-focused fund. Holdings at the time of judging included corporate debt from Colombia, Chile and India.
In the specialist category, Paul Murray John was named winner for his work on the Threadneedle Emerging Markets Bond fund, which achieved a perfect score on the quant screens used to help the judging panel in their discussions.
Threadneedle also won in the Emerging Markets category, with Dominic Rossi recognised for his work on the Threadneedle Latin America fund.
Among the other winners were First State's Angus Tulloch, named as Far East fund manager of the year, who was also a winner in the emerging markets category in 2001.
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