J O Hambro and Fidelity take top Morningstar gong

J O Hambro Capital Management and Fidelity Worldwide Investment shared the top investment house gong at the annual Morningstar awards.

The investment houses were praised for their ability to allow fund managers to flourish, based on Morningstar’s research.

Schroder Tokyo manager Andrew Rose walked out with the oustanding fund manager gong, for his ability to navigate the fund consistently through markets.

“Rose has run Japanese equity portfolios for nearly three decades and has adhered to the same, disciplined process throughout his career, which he has deftly used to investors’ advantage, producing consistent relative performance,” says Jeremy Beckwith, director of UK manager research for Morningstar.

The Schroder Tokyo fund has outperformed over five years, returning 60.8 per cent compard to 52.5 per cent for the benchmark, to the end of July. However, its performance has been closer to the benchmark over the shorter term, including its year-to-date return of 15.4 per cent compared to the benchmark’s 15.1 per cent.

Jacob de Tusch-Lec, manager of the Artemis Global Income fund, was handed the rising talent award.

“He continues to impress with his strong, well-executed and differentiated approach, which has brought consistent outperformance,” adds Beckwith.