FundCalibre unveils Elite Radar rating system for younger funds

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...