Judges from Asia’s fund selector community have chosen the Platinum and Gold winners from the universe of shortlisted funds.
Separate awards are given in Hong Kong and Singapore, each jurisdiction with 15 categories. In several of the categories, the competition was very close, particularly in the equity asset classes.
That said, one equity fund had an unusually high score, which is a strong vote of confidence from the fund selector community, who voted independently of each other. Another surprise was that some boutique funds held winning positions.
Hong Kong fund winners will be announced at the awards luncheon on January 28, and in Singapore, on February 4.
The awards, which honour excellence in fund management, are fundamentally based on quantitative analysis by FE analytics.
To build the shortlists, FE used its Crown Rating system, which rates funds using three separate tests: alpha, volatility and consistency. It also ran fund performance over multiple time periods.
The shortlists were provided to the judges, who were guided with the question: Which fund within each asset class do you think will perform best over the next 12 months?
In the run up to announcing the award winners, FSA has published the all funds that were shortlisted.
Click here for the Hong Kong shortlist.
Click here for the Singapore shortlist.