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In Other News
FE fundinfo has added Richard Watts (Jupiter), Anthony Srom (Fidelity) and Terry Smith (Fundsmith) to the 2021 Alpha Manager ‘Hall of Fame’ list.
The Hall of Fame, which recognises managers who have been ‘Alpha-rated’ consistently over a period of seven years, now stands at 51 managers in total.
To gain an Alpha rating, fund managers are ranked according to their track records since 2000, with extra weighting applied to those with longer track records.
The rating is based on three components: risk-adjusted alpha; consistency of outperformance versus their benchmark; and outperformance in both up and down markets.