Six launches enjoying a manager rating boost

by | Sep 28, 2022 | Distribution, Feature, Fund Managers

Fund launches keep coming, even, like tech, amid a selloff. We look at the rated managers attached to some of the most recent fund offerings.
Six launches enjoying a manager rating boost

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New funds keep coming to the market: in just the past three months, there have been more than 150 worldwide.

But how many of those are attached to a Citywire-rated manager? Over that period: just six.

Of course, Citywire ratings change monthly and it can take a year to develop a new fund. But their rating is based on track record, and often their groups have noticed this too. Several of the managers featured below run more than one fund already.

Having a Citywire rating could also be a helpful differentiator in a crowded market. In the year to date, there have been 57 new tech funds. Only two of those have managers who were rated this month.

Read on to find out more about our rated managers, and scroll down to see the competition they’ve had in their chosen sectors.

Tony Roberts 

Invesco’s Roberts (pictured above), who manages two other funds, started managing its Metaverse fund in June. At $29m, the strategy invests primarily in a portfolio of global shares contributing to the growth of the Metaverse and seeks to benefit from immersive online social virtual worlds. It sits in Citywire’s Equity – Technology sector. Roberts got his first rating in October 2013 and now holds an A.

Avishek Hazrachoudhury

AAA-rated Hazrachoudhury looks after nine funds, the latest addition being the Fidelity Risk Parity fund, launched in July. It invests in underlying funds, derivatives, cash and cash equivalents. It allocates mainly to the technology, healthcare and financial services sectors, at 23.3%, 15.5% and 13.6%, respectively. The fund, which is in the Equity – US Blend category, has assets under management of $5.3m.

Charles-Edouard Bilbault

Bilbault is A-rated by Citywire. He runs three funds, including the newly launched R-co Thematic Blockchain Global Equity fund, which came to the market in July. This Equity – Technology strategy invests in equities of companies active in the blockchain sector. These include Coinbase Global at 5.3%, Silvergate Capital at 4.7% and Galaxy Digital Holdings at 4.4%. He also manages the R-co Thematic Gold Mining and R-co Valor funds.

Guillaume Desqueyroux 

This AA-rated manager looks after five funds, including the new Sanlam Short-Duration Corporate Bond fund, also launched in July. The fund aims to provide income and ready access to capital by investing in sterling, euro and dollar corporate bonds of no more than six years in maturity. This Bonds – Sterling Short Term strategy has $23m in assets. Its top holdings are GE Capital UK Funding Unlimited Company (6.2%), Severn Trent Utilities Finance (4.6%) and GlaxoSmithKline Capital (4.2%).

Gabe Houston 

Houston’s new fund is the iMGP Global Concentrated Equity fund, which he adds to his iMGP US Value fund. It sits within Citywire’s Equity – Global Blend sector and has a concentrated portfolio of around 30 stocks with assets under management of $4m. It seeks to deliver outstanding long-term, risk-adjusted returns using a value-focused, fundamental and bottom-up approach. Houston is + rated.

Alex Hauge Andersen - Sydbank

Alex Hauge Andersen

Last, we have + rated Andersen (pictured), who runs five other funds and took charge of the Sydinvest Blandede Obligationer ESG fund in August. In the Bonds – Global sector, the fund offers global investment in government, mortgage and corporate bonds, while focusing on ESG issues. Around 45% of the investments are in Danish government and mortgage bonds, 40% in global investment grade corporate bonds, 7.5% in European high-yield bonds and 7.5% in high-yield country bonds, with a total of $24m in assets under management.

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