Two separate panels of judges from Asia’s fund selector community – one in Hong Kong and one in Singapore — 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, especially in the equity asset classes where there was the toughest competition. Stock pickers had to be sharp this year, particularly given the summer spike in market volatility. One equity fund had an unusually high score from the fund selector community.
Another surprise was that one firm won five awards across Hong Kong and Singapore.
Winners will be announced at the awards luncheons on January 18 in Singapore, and in Hong Kong on January 27.
The awards, which honour excellence in fund management, are fundamentally based on quantitative analysis by FE Advisory.
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 and on a risk-adjusted basis.
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?
FSA has published the lists of all shortlisted funds.
Click here for the full Hong Kong shortlist.
Click here for the full Singapore shortlist.
