azValor, Schroder funds join highest rated on SharingAlpha platform

Jonathan Boyd
clock • 6 min read

The azValor Iberia and Schroder GAIA Two Sigma Diversified funds have have joined the list of funds most highly rated by SharingAlpha’s platform users, constituting professional fund selectors across Europe and beyond.

Other funds advancing on the leaderboard include the Sextant PEA, although the Valentum and Robeco Global Consumer Trends Equities funds have slipped – although still among the top 10 most highly rated funds among SharingAlpha’s users.

All these funds are rated on the key factors of people, price and portfolio. The scores represent the ‘wisdom of the crowd’, as they are based more on qualitatively derived expectations of fund selectors rather than backward looking quantitative filtering.

Highly rated funds

Fund Domicile Average Rating Raters Position
Liontrust European Income Fund United Kingdom 5 8 same
Oppenheimer Developing Markets Fund United States 4.9 5 same
azValor Iberia FI Spain 4.85 6 new
Valentum FI Spain 4.84 9 down
Lindsell Train Global Equity Fund Ireland 4.83 9 same
Sextant PEA France 4.82 14 up
Cobas Selección FI Spain 4.81 8 same
Robeco Global Consumer Trends Equities Luxembourg 4.81 5 down
Magallanes European Equity FI Spain 4.81 23 same
Schroder GAIA Two Sigma Diversified Luxembourg 4.8 18 new

From the scores attributed to individual funds by fund selectors, SharingAlpha can compare the performance of those funds against equivalent ETFs, to gauge the alpha generation attributable to the skill of the selector. The closer the performance of the fund to the expectation of the selector, the higher the score of the selector. This is called a ‘Hit Score’ by SharingAlpha, which can then be compared between peers to identify groups of selectors who consistently do well, exhibiting selection skills.

The platform also enables fund selectors to run funds of funds, to establish asset allocation rankings. Again, this facilitates the generation of a track record of measurable skill on the part of the selector.

The data generated by platform users also enables SharingAlpha to provide updated rankings of providers, popular funds, popular categories, highly rated funds by category, and highly rated hedge funds. The ratings are provided on the basis of data available to the end of August 2018.

Highly rated providers

Provider Funds Rated Ratings Rating
Robeco 26 86 4.45
Fundsmith 3 88 4.42
Comgest 9 52 4.4
Liontrust 7 128 4.37
M&G 23 148 4.33
Schroders 48 240 4.32
Morgan Stanley 26 179 4.29
Legg Mason 13 57 4.28
Pimco 37 85 4.28
Baillie Gifford 23 87 4.21

Most popular funds

Fund Domicile Fund of Fund Count Position
Fundsmith Equity United Kingdom 29 same
Merian Global Equity Absolute Return Fd Ireland 24 same
M&G Optimal Income Fund United Kingdom 18 same
Morgan Stanley INVF Global Opportunity Fund Luxembourg 17 up
Magallanes European Equity FI Spain 17 down
Nordea 1 – Stable Return Fund Luxembourg 16 up
BSF European Opportunities Extension Fd Luxembourg 15 down
JPM Global Macro Opportunities Fund Luxembourg 13 same
Sextant Grand Large France 13 new
PIMCO GIS Income Fund Ireland 12 same

Popular categories

Category Score Allocation Score Position
Europe Equity Mid/Small Cap 100 100 same
UK Equity Mid/Small Cap 64 66 same
Market Neutral 50 50 same
Africa Equity 53 28 same
Precious Metals Sector Equity 45 23 up
Africa Fixed Income 31 36 down
Global Equity Mid/Small Cap 30 30 down
Consumer Goods & Services Sector Equity 20 41 up
Europe Equity Large Cap 37 20 down
Asia ex-Japan Equity 33 23 same

Highly rated funds by category

Category Fund Provider
Aggressive Allocation MFS Meridian Prudent Wealth Fund MFS
Allocation BlackRock Global Allocation Fund Blackrock
Asia ex-Japan Equity Schroder ISF Asian Total Return Schroders
Asia Equity Fidelity Pacific Fund Fidelity
Cautious Allocation Cartesio X FI Cartesio
Greater China Equity Janus Henderson China Opportunities Fund Janus Henderson
Commodities Broad Basket Vontobel Dynamic Commodity Vontobel
Consumer Goods & Services Sector Equity Robeco Global Consumer Trends Equities Robeco
Convertibles Lazard Convertible Global Lazard
Currency First Trust FactorFX ETF First Trust
Emerging Markets Equity Oppenheimer Developing Markets Fund Oppenheimer
Emerging Markets Fixed Income BGF Emerging Markets Bond Fund Blackrock
Energy Sector Equity First Trust North Amer Engy InfrasFund First Trust
Europe Equity Large Cap Liontrust European Income Fund Liontrust
Europe Equity Mid/Small Cap Valentum FI Gesiuris
Euro Fixed Income La Francaise LUX Multistratégies Obligataires La Francaise
Euro Money Market BNP Paribas Money 3M BNP Paribas
Flexible Allocation Belgravia Épsilon FI Belgravia
Global Equity Large Cap Lindsell Train Global Equity Fund Lindsell Train
Global Equity Mid/Small Cap Cobas Selección FI Cobas
Global Equity Eurizon Sustainable Global Equity Eurizon Capital
Global Fixed Income PIMCO GIS Global Bond Fund Pimco
Market Neutral MLIS Marshall Wace Tops UCITS Fd (MN) Bank of America Merrill Lynch
Long/Short Equity Janus Henderson United Kingdom AbsRet Fd Janus Henderson
High Yield Fixed Income Nomura Fds US High Yield Bond Fund Nomura
India Equity Kotak India Midcap Fund Kotak
Industrials Sector Equity RobecoSAM Smart Materials Fund Robeco
Inflation Linked Sanlam Multi Mgd Inflation Lnkd Bond Sanlam
Japan Equity Janus Henderson Horizon Jpn Smr Coms Fd Janus Henderson
Moderate Allocation Acatis – Gané Value Event Fonds UI Acatis
Multialternative Schroder GAIA Two Sigma Diversified Schroders
Other Alternative H2O Vivace H2O
Other Europe Equity azValor Iberia FI azValor
Other Fixed Income GAM Star MBS Total Return GAM
Precious Metals Sector Equity BGF World Gold Fund Blackrock
Property-Direct Schroder UK Real Estate Fund Schroders
Other Sector Equity RobecoSAM Sustainable Water Fund Robeco
Real Estate Sector Equity AXA Aedificandi AXA IM
Natural Resources Sector Equity Investec GSF Global Natural Resources Fd Investec
Technology Sector Equity Pictet-Robotics Pictet
Sterling Fixed Income L&G Fixed Interest Trust L&G
UK Equity Large Cap Jupiter UK Special Situations Fund Jupiter
UK Equity Mid/Small Cap Liontrust Special Situations Fund Liontrust
US Fixed Income PGIM Total Return Bond Fund Prudential
US Equity Large Cap Blend Artemis US Extended Alpha Fund Artemis
US Equity Large Cap Growth MS INVF US Growth Fund Morgan Stanley
US Equity Large Cap Value Robeco BP US Premium Equities Robeco
US Equity Mid Cap Vanguard US Opportunities Fund Vanguard
US Equity Small Cap Nuveen NWQ Small-Cap Value Fund Nuveen
Africa Equity Marriott Dividend Growth Marriott
Africa Fixed Income STANLIB Aggressive Income STANLIB

Highly rated hedge funds

Fund Domicile Rating Ratings Category
Schroder GAIA Two Sigma Diversified Luxembourg 4.8 18 Multialternative
MLIS Marshall Wace Tops UCITS Fd (MN) Luxembourg 4.79 14 Market Neutral
Pictet TR – Agora Luxembourg 4.77 7 Market Neutral
H2O Vivace France 4.72 6 Other Alternative
Candriam Bds Credit Opportunities Luxembourg 4.69 6 Other Alternative
Janus Henderson United Kingdom AbsRet Fd Luxembourg 4.69 8 Long/Short Equity
BSF Fixed Income Strategies Fund Luxembourg 4.67 7 Market Neutral
Man GLG Eurp Mid-Cap Eq Alt Ireland 4.64 7 Long/Short Equity
Hermes Absolute Return Credit Fund Ireland 4.61 5 Market Neutral
Legg Mason WA Macro Opportunities Bd Fd Ireland 4.54 15 Other Alternative
H2O Moderato France 4.52 6 Other Alternative
MW TOPS UCITS Fund Ireland 4.52 7 Long/Short Equity
Artemis Pan-European Absolute Return Fd United Kingdom 4.51 8 Long/Short Equity
BNY Mellon Global Real Return Fd (EUR) Ireland 4.51 5 Multialternative
Polar Capital UK Absolute Equity Fund Ireland 4.5 11 Long/Short Equity
Bridgewater Pure Alpha Strat 18% Vol United States 4.47 6 Other Alternative
Luxembourg Life Fd Pn Lg Tr Gr Luxembourg 4.46 5 Multialternative
JPM Global Macro Opportunities Fund Luxembourg 4.42 20 Multialternative
R Parus Fund Ireland 4.4 8 Long/Short Equity
F&C Global Equity Market Neutral Fund United Kingdom 4.34 6 Market Neutral
Merian Global Equity Absolute Return Fd Ireland 4.34 41 Market Neutral
LFIS Vision UCITS Premia Luxembourg 4.31 5 Multialternative
DWS Concept Kaldemorgen Luxembourg 4.25 7 Multialternative
Liontrust GF European Strategic Eq Fd Ireland 4.23 38 Long/Short Equity
Charlemagne OAKS Emerging and Frontier Opp Fund Ireland 4.23 17 Long/Short Equity


Jonathan Boyd
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Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.