konstantinov's bric fund hits top spot after seven months of tradingS&P grants an A rating to Allianz Star Bric fund

Professional Adviser
clock

By Jenne Mannion The Allianz RCM Bric Star fund has been awarded an A rating from Standard & Poor...

By Jenne Mannion The Allianz RCM Bric Star fund has been awarded an A rating from Standard & Poor's, just seven months after launch. The fund is managed by Michael Konstantinov and his team, who choose stocks that are set to benefit from the emergence of the Brazilian, Russian, Indian and Chinese (Bric) economies. Over the seven months from 27 February to 25 September 2006, the fund is ranked first of 30 funds in the global emerging markets sector after delivering an 0.43% return, compared to the sector average of -8.19%, on a bid-to-bid basis, according to Standard & Poor's. Speaking ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •