Mar 19, 2008
- The latest Citywire "Top 100 Fund Managers" survey for 2008 confirmed JPMorgan Asset Management as the asset management group with the most AAA rated fund managers.
JPMorgan Asset Management (JPMAM) is leading the field once again as Citywire, the influential U.K. financial services website, recognized the outstanding talent within the group by ranking eight of the firm's fund managers in their annual Top 100 Fund Managers for 2008.
The Citywire rankings, which list the highest performing unit trust and OEIC fund managers over three years on a risk-adjusted basis, ranked Georgina Brittain in third place (Top 3 for second year), John Baker in 14th and Edward Pulling in 22nd.
In a separate survey that looked at performance over one year, JPMAM also stood out with seven managers in the Top 100 and with Georgina Brittain once again occupying a Top 10 spot.
Brittain spoke to Citywire and explained her investment strategy: "I rely heavily on JPMorgan’s quantitive screening process to unearth the stocks that I choose for the fund. The screen draws on behavioral finance techniques to help avoid having decisions compromised by personal feelings," she said.
More AAA rated fund managers
In addition, we believe JPMAM is able to boast more AAA rated fund managers than any other fund management group, a truly outstanding achievement considering that fewer than five percent of managers will achieve a AAA rating and only one in five receive a rating at all.*
Campbell Fleming, who heads up JPMAM's U.K business, was thrilled that Citywire had recognized the firm's performance."We are committed at JPMAM to delivering the very best performance and service consistently to clients, so to have so many fund managers rated on this basis is a fantastic accolade," he said.
"To have been rated highly across several diverse sectors illustrates that we are a truly global fund house with extensive global expertise. The quality of our investment teams is exceptional, as is the quality and integrity of our sales force, and achieving consistently high standards across all areas of our business is integral to our on-going commitment to our clients. We believe we have the very best teams in place to continue delivering excellent returns across many diverse sectors."
* More Citywire AAA fund manager ratings than anyone else based on fund managers' three year risk-adjusted performance.
Source: Citywire ( www.citywire.co.uk )
The opinions expressed in this document are those held by the author at the date of publication. The views expressed herein are not to be taken as an advice or recommendation to support an investment decision. The information included in this document has been taken from source considered as reliable; JPMorgan Asset Management cannot however guarantee its accuracy.