DNB joins highest rated on SharingAlpha

Jonathan Boyd
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DNB joins highest rated on SharingAlpha

Norwegian manager DNB Asset Management has topped the latest ranking of fund providers published by SharingAlpha, with Baillie Gifford and RWC ranked second and third respectively.

The DNB Fund Technology is also ranked among the top 10 products by fund selectors across the Europe region, according to SharingAlpha's methodology, which aggregates ratings of fund selector users of its platform.

Hermes has two funds in the top 10 ranked products, the only provider to do so.

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 (regional)

Fund Rating Ratings
Jupiter European Growth 4.6088 12
Janus Henderson China Opportunities Fund 4.5705 11
Lindsell Train Global Equity Fund 4.5325 11
DNB Fund Technology 4.4861 13
Hermes Global Emerging Mkts 4.3694 39
Fidelity European Dynamic Growth Fund 4.2893 18
Comgest Growth Emerging Markets 4.1958 11
E.I. Sturdza Strategic Europe Quality Fd 4.1617 17
Hermes Asia ex-Japan Equity Fund 4.0351 26
Carmignac Pf Unconstrained Global Bond 4.0127 27

 

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 January 2020.

Highly rated providers (global)

Provider Funds Rated Ratings Rating
DNB 6 56 4.54
Baillie Gifford 27 100 4.48
RWC 3 51 4.44
Comgest 11 70 4.38
Polar 16 62 4.37
American Funds 60 87 4.3
Robeco 31 102 4.27
M&G 22 94 4.23
First State 14 51 4.21
Lemanik 15 79 4.2

 

Popular categories (global)

Category Score
Global Macro 100
Europe Emerging Markets Equity 98
UK Equity Mid/Small Cap 74
Precious Metals Sector Equity 67
Emerging Markets Fixed Income 60
Europe Equity Mid/Small Cap 57
Europe Equity Large Cap 56
Emerging Markets Equity 51
Global Equity Mid/Small Cap 48
US Equity Large Cap Growth 47

 

Highly rated funds by category (regional)

Category Fund Provider
Aggressive Allocation MFS Meridian Prudent Wealth Fund MFS
Asia ex-Japan Equity Schroder ISF Asian Total Return Schroders
Asia Fixed Income Matthews Asia Fds Asia Credit Opps Matthews Asia
Asia Equity JPM Pacific Equity Fund JP Morgan
Cautious Allocation Cartesio X FI Cartesio
Greater China Equity Janus Henderson China Opportunities Fund Janus Henderson
Consumer Goods & Services Sector Equity Invesco Global Consumer Trends Fund Invesco
Convertibles Lazard Convertible Global Lazard
Currency First Trust FactorFX ETF First Trust
Emerging Markets Equity Templeton Frontier Markets Fund Franklin Templeton
Emerging Markets Fixed Income Neuberger Berman Em Mkt Dbt Hard Ccy Fd Neuberger Berman
Energy Sector Equity First Trust North Amer Engy InfrasFund First Trust
Europe Equity Large Cap Valentum FI Gesiuris
Europe Equity Mid/Small Cap Azvalor Iberia FI azValor
Euro Fixed Income Schroder ISF EURO Credit Conviction Schroders
Euro Money Market Amundi 3 - 6 M Amundi Pioneer
Flexible Allocation Belgravia Épsilon FI Belgravia
Global Equity Large Cap Dodge & Cox International Stock Fund Dodge & Cox
Global Equity Mid/Small Cap Baillie Gifford Global Discovery Fund Baillie Gifford
Global Fixed Income UBAM Global High Yield Solution UBAM
Market Neutral Lumyna Marshall Wace Tops (MN) UCITS Fd Bank of America Merrill Lynch
Long/Short Equity Janus Henderson United Kingdom AbsRet Fd Janus Henderson
India Equity Kotak India Midcap Fund Kotak
Industrials Sector Equity RobecoSAM Smart Materials Fund Robeco
Japan Equity Legg Mason IF Japan Equity Fund Legg Mason
Moderate Allocation Acatis Gané Value Event Fonds Acatis
Multialternative Schroder GAIA Two Sigma Diversified Schroders
Other Alternative AQR Managed Futures Strategy Fund AQR
Other Equity Pictet-Water Pictet
Other Fixed Income GAM Star Credit Opportunities (USD) GAM
Precious Metals Sector Equity BGF World Gold Fund Blackrock
Property-Direct Schroder UK Real Estate Fund Schroders
Real Estate Sector Equity SKAGEN m2 Skagen
Natural Resources Sector Equity Investec GSF Global Natural Resources Fd Investec
Technology Sector Equity Polar Capital Global Technology Fund Polar
Sterling Fixed Income Baillie Gifford High Yield Bond Fund Baillie Gifford
UK Equity Large Cap Liontrust Special Situations Fund Liontrust
UK Equity Mid/Small Cap Marlborough Special Situations Fund Marlborough
US Fixed Income PIMCO Income Fund Pimco
US Equity Large Cap Blend Ossiam Shiller Bcly Cape US Sect Val TR Natixis
US Equity Large Cap Growth Polen Capital Focus US Growth Fund Polen
US Equity Large Cap Value Robeco BP US Premium Equities Robeco
US Equity Mid Cap Threadneedle American Smlr Coms Fd(US) Columbia Threadneedle
US Equity Small Cap T. Rowe Price US Smaller Companies Eq Fd T Rowe Price
Africa Equity Marriott Dividend Growth Marriott
Europe Emerging Markets Equity Schroder ISF Emerging Europe Schroders
Long/Short Credit Hermes Absolute Return Credit Fund Hermes
Global Macro H2O Allegro Natixis

 

Highly rated hedge funds (regional)

Fund Rating Ratings Category
Lumyna Marshall Wace Tops (MN) UCITS Fd 4.9145 9 Market Neutral
Pictet TR - Agora 4.9091 6 Market Neutral
Janus Henderson United Kingdom AbsRet Fd 4.761 7 Long/Short Equity
H2O Allegro 4.7383 5 Global Macro
Schroder GAIA Two Sigma Diversified 4.7315 15 Multialternative
H2O Adagio 4.7311 5 Global Macro
Man GLG Eurp Mid-Cap Eq Alt 4.6959 5 Long/Short Equity
LF Odey Absolute Return Fund 4.6828 6 Multialternative
H2O Vivace 4.6285 7 Global Macro
InRIS Parus Fund 4.5899 9 Long/Short Equity
Legg Mason WA Macro Opportunities Bd Fd 4.5716 15 Long/Short Credit
Candriam Bds Credit Opportunities 4.5206 6 Long/Short Credit
IFSL Brooks Macdonald Defensive Cptl Fd 4.4317 5 Multialternative
JPM Global Macro Opportunities Fund 4.3839 15 Global Macro
Polar Capital UK Absolute Equity Fund 4.3809 10 Long/Short Equity
DWS Concept Kaldemorgen 4.3244 8 Multialternative
H2O Moderato 4.2139 5 Global Macro
Merian Global Equity Absolute Return Fd 4.1953 33 Market Neutral
OAKS Emerging and Frontier Opportunities Fund 4.1323 16 Long/Short Equity
GAM Systematic Alternative Risk Premia 4.0817 14 Multialternative
BMO Global Equity Market Neutral V10 Fd 4.0259 6 Market Neutral

 

 

Jonathan Boyd
Author spotlight

Jonathan Boyd

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