Fidelity has won the Fund Management Group of the Year awards at the fourth annual awards ceremony r...
Fidelity has won the Fund Management Group of the Year awards at the fourth annual awards ceremony run by Investment Week.
The runners up in this category included Gartmore, Henderson Investors, Legal & General, INVESCO and Morley Asset Management.
The main award is based on the quartile rankings over three discrete years for a group's funds in the UK, North America, Europe, Japan, Asia excluding Japan and fixed interest. This is followed by a qualitative review of the overall investment process by the judging panel. This was made up of John Chatfeild-Roberts of Lazard Asset Management, John Husselbee of Henderson Investors, Gary Potter and Robert Burdett of Rothschild Asset Management as well as Lawrence Gosling, editor of Investment Week and news editor Mark Colegate.
Two Fidelity funds also won a joint award for the Diversified funds category. Fidelity International and Fidelity Managed International, both run by Dick Habermann, shared the award this category.
The UK Growth award was shared by Newton UK Income, run by Robert Shelton and Aberdeen UK Blue Chip, run by Jon Thornton while the UK Income award was won by BWD UK Equity Income, managed by Colin Morton. M&G Corporate Bond, run by James Gledhill, came first in the Corporate Bond sector.
Henderson Asian Enterprise came out on top in the Far Eastern category while the Japan award went to Baillie Gifford Japan Smaller Companies. Scottish Equitable American won the North America accolade while Newton International Fixed Interest won out in the UK and International Fixed Interest category.
Gartmore European Selected Opportunities fund came out on top in its sector while the top UK Smaller Companies fund was Laurence Keen Smaller.
The Special Award for Outstanding Achievement went to Edinburgh North American run by David Currie. In the Specialised sector, INVESCO GT Dynamic Themes won the Emerging Markets award.
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November