Raging Bull Awards will celebrate top unit trust managers

By Staff Reporter Time of article published Nov 26, 2019

Share this article:

The “Oscars” of the unit trust industry, the Raging Bull Awards, will take place on Tuesday, January 28, 2020 at the Cape Town International Convention Centre. The event will celebrate the top-performing unit trust fund managers to the end of 2019.

The gala dinner and awards ceremony will be hosted by Personal Finance. The JSE is a major sponsor of next year’s event, and the data providers are ProfileData and PlexCrown Fund Ratings. More than 300 representatives of leading unit trust companies, boutique managers, financial services regulators and investment industry bodies are expected to attend.

There are certificates for the best funds in their categories and 11 Raging Bull Awards for the top-performing funds overall and their management companies. The highlight of the evening is the announcement of the South African Manager of the Year, which is made on the basis of an average PlexCrown rating for risk-adjusted returns and consistency of performance across a company’s qualifying funds.

Last year, this award went to Allan Gray, which won it for the second year in a row. The Offshore Management Company of the Year was Nedgroup Investments.

There are eight awards for individual funds:

* For straight performance over three years in the South African equity general sub-category, South African interest-bearing sector, rand-denominated global equity general sector and offshore global equity sector.

* For risk-adjusted performance, as measured by the PlexCrown ratings, in the South African equity general sub-category, South African multi-asset flexible sub-category, the broader South African multi-asset category and the offshore global asset allocation sector.

In addition to the Raging Bull awards, 31 certificates for top performance in local and offshore fund sub-categories will be awarded.

A special Raging Bull Awards edition of Personal Finance, with details of all the award and certificate winners, as well as interviews with the award-winners, will be published in the February 1 edition of Affluence.


Share this article: