FundCalibre has expanded its ratings service with the launch of Elite Radar for younger funds on the research team's watch list.
The Elite Radar accolade is for funds that do not have the minimum three-year track record required gain an Elite rating. To achieve this accolade, funds must pass an AlphaQuest quantitative screening and be subjected to a manager interview about the investment process, followed by a review from the FundCalibre research team. Darius McDermott, managing director of FundCalibre, said: "Occasionally, a fund or manager will come to our attention that does not have the required three-year track record for an Elite Rating - because it is a new launch or a new type of mandate or different in...
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