Unit trust 'Oscars' coming in February
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The “Oscars” of the unit trust industry, the Raging Bull Awards, hosted by Personal Finance, will take place on Tuesday, February 1, 2022. Owing to the ongoing Covid-19 pandemic, the event will take the form of a streamed video presentation, as was the case this year.
The presentation will be of special interest to unit trust companies, financial services regulators and investment industry bodies, but is chiefly aimed at the individual investor, who is faced with a bewildering array of about 1 500 funds from which to choose.
The JSE and Sanlam are the main sponsors of the event. The data providers, by whose methodology the awards are determined, are ProfileData and its subsidiary, PlexCrown Fund Ratings.
The awards recognise funds and managers who have proved their abilities over time. These are funds that investors can choose with confidence. There are 30 certificates for the best funds in their categories and eight Raging Bull trophies for the top-performing funds for performance to the end of 2021.
The highlight of the presentation will be the announcement of the Manager of the Year awards, which recognise consistently high, risk-adjusted performance across a company’s qualifying funds. Last year, the South African Manager of the Year award went to Ninety One. The Offshore Manager of the Year was US-based investment firm T Rowe Price.
A special Raging Bull Awards tabloid supplement, with details of all the award and certificate winners, as well as interviews with award-winning fund managers, will be published on February 5 in the Saturday Star, Saturday Argus, Independent on Saturday, and Pretoria News. All content in the supplement will be published on IOL, and selected content will be published in the February 2022 edition of our free digital magazine, IOL MONEY, on the issuu platform.
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