FE fundinfo announces Alpha Manager ‘Hall of Fame’ 2023

Six active fund managers have joined FE fundinfo’s coveted ‘Hall of Fame’ list for the first time in 2023, which recognises those managers who have been ‘Alpha-rated’ over a period of seven years.

New entrants

Following extreme market turbulence in recent years, the six managers joining the list for the first time are Peter Walls from Unicorn Asset Management, Hugh Yarrow from Evenlode Investment, George Cheveley from Ninety One, Keith Ashworth-Lord from Sanford Deland, Jonathan Pines from Federated Hermes and David J. Eiswert from T. Rowe Price.

To gain an Alpha Manager rating, fund managers are ranked according to their track records since 2000, with extra weighting applied to those with longer track records to highlight the benefits of their experience in delivering strong performance in a range of market conditions. The rating is based on three components: risk-adjusted alpha; consistency of outperformance versus their benchmark; and outperformance in both up and down markets.

Consistency

With the Hall of Fame list now standing at 49 managers overall, nine fund managers have also been recognised for their appearance in the Hall of Fame without interruption since their first appearance. They are Martin Lau from FSSA Investment Managers, Harry Nimmo from abrdn, Mark Slater from Slater Investments, Richard Woolnough from M&G, Leigh Himsworth from Fidelity, John Chatfeild-Roberts and Daniel Nickols from Jupiter, David Dudding from Threadneedle Management and Richard Pease from Crux Asset Management.

Groups

This year saw 10 Fidelity managers enter the Alpha Manager list and the good news story continued for them as four of their managers enter the Hall of Fame. However, the firm with the most of its managers making the list was Jupiter who had five.

Elsewhere, Allianz, Janus Henderson, Liontrust, Morgan Stanley, Schroder and Unicorn Asset Management each had two managers make the list.

Charles Younes, Research Manager, FE fundinfo, said:

“As we come out from the other side of the Covid pandemic we’ve seen extreme fluctuations in the markets which has led to the recent rise in inflation and interest rates. Given they have been performing on the back of such turbulent times, the performances of these 49 managers in the Hall of Fame demonstrates what an outstanding job each has done.

“In addition to this, it remains impressive that nine Alpha Managers have been able to show such a consistent level of high performance and have been ever-present in the Hall of Fame for over 23 years! This is testament to their investment strategies and commitment to achieving the best possible outcomes for their clients.”

Alpha Manager Awards 2023

To celebrate the performance of the UK’s best fund managers, FE fundinfo will be hosting its annual Alpha Manager Awards on Thursday 11 May 2023 at Banking Hall in London. For more information about the awards, please visit Alpha Managers Awards 2023.