Trustnet expands service with Alpha manager ratings

Alpha Manager Ratings runs a profile review for every unit trust and Oeic manager which will sit alongside the existing fund fact sheets. The inaugural launch in a new suite of products to be rolled out in coming months, the tool examines the discrete annual performance and total return achieved by managers with a minimum three-year track record, and bestows an alpha status on those in the top 10%. Trustnet considers three criteria in quantifying the alpha achieved by the managers profiled; the manager's performance relative to the benchmark, volatility and consistency. Each manager's...