FSA believes that identifying the top performers based on independent, data-driven criteria can provide a fund house with a valuable distinction among its peers. However, the process has to be clear, transparent and objective. FSA uses historical and forward-looking quantitative screening as well as qualitative methods to select winners.
FSA FUND AWARDS
FSA’s Fund Awards are based on data from FE Fundinfo, which filters the universe of funds in Hong Kong (1,349 eligible funds) and Singapore (3,061 eligible funds) for alpha, volatility and consistency across 14 categories. FE then creates two shortlists – one for Hong Kong and a separate one for Singapore.
In Hong Kong, funds have to be registered for retail sale to be eligible. In Singapore, funds with “accredited investor” status are eligible. Eligible funds include only actively managed funds (ETFs, passive/tracking funds are excluded) and should have at least three years track record.
The methodology to determine the shortlists is 100% quantitative, providing an apples-to-apples comparison.
Next, the shortlists are given to independent panels of well-known professionals from Asia’s fund selector community. Hong Kong and Singapore have separate judging panels to reflect the difference in offerings.
One question was provided to guide them, and it was forward-looking:
Given this list, which fund within each asset class do you think will perform best over the next 12 months?
The judges’ selections will determine the winners (Platinum and Gold).
Later this week, FSA will begin publishing the shortlists, one for Hong Kong and one for Singapore, and the winners will be announced in December 2021.
FSA HOUSE AWARDS
In addition to the Fund Awards, we are delighted to include House Awards for six countries: Hong Kong, Singapore, Thailand, Indonesia, the Philippines and Malaysia. This year they include four additional categories, namely: Asset Manager of the Year, Domestic Asset Manager of the Year, Alternatives House of the Year, and ETF House of the Year. An overview of the categories relevant for each country are highlighted below:
The House Awards will be based on pitch submissions from the asset management community, in which fund managers will have to convince FSA‘s editorial judges of their credentials in one or more of the chosen categories. There is no charge to pitch for the House Awards.
The submission document can be accessed here and should be submitted to Rupert Walker, editor of Fund Selector Asia, at email@example.com. Please use a separate form for each country submission.
The deadline for submissions will be on 26 November 2021.
To learn more about FSA’s Fund and House Awards methodology, click here.