by Claire Cheape.
Lipper announces the winners of the Hong Kong Lipper Fund Awards 2017. These highly-respected awards honor funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance for a certain period, relative to their peers.
MFS and BCT Group collected the top group awards for overall fund group.
The full list of 2017 Group Award winners follows below:
|MFS||Best Overall Group|
|BlackRock||Best Bond Fund Group|
|AllianceBernstein||Best Equity Fund Group|
|Investec||Best Mixed Assets Group|
|BCT Group||Best Overall MPF Group|
|BOCI-Prudential Trustee Limited||Best MPF Bond Group|
|Fidelity||Best MPF Equity Group|
|Sun Life||Best MPF Mixed Assets Group|
This year, a total of 144 awards were given out, 138 for classification awards and 8 group awards, 90 for the Hong Kong universe and 48 for Hong Kong pension funds. In particular, 37 awards were given for 3-year period, 31 for 5-year period and 22 for 10-year period. For MPFs, 21 awards were given for 3-year period, 20 for 5-year period and 7 for 10-year period.
Xav Feng, Head of Asia Pacific Research, Lipper, commented, “2016 was a year of surprises and black swan events. According to Lipper’s calculation and research analysis, after 2 consecutive year net outflows and 2015’s net outflow of $450 billion, 2016 has seen net inflows of $164 billion for global fund markets. Bonds have the biggest net inflows of $326 billion, while equities have the highest net outflows of $200 billion. This signals that global investors have taken a relatively cautious stance in the market.”
Please click here to see the full list of winners. Individual classifications of three-, five-, and ten-year periods, as well as fund families with high average scores for the three-year period are also recognized. The awards are based on Lipper’s proven proprietary methodology, which can be viewed here.
Lipper data covers more than 306,000 share classes and over 128,000 funds in 63 markets. The free Lipper Leader ratings are available for mutual funds registered for sale in over 42 countries.
Lipper Fund Awards
For more than three decades and in over 20 countries worldwide, the Lipper Fund Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. For more information, please contact Markets.Awards@thomsonreuters.com or visit http://www.lipperfundawards.com/
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Lipper Fund Awards designations do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. As a result, investors should not make an investment decision on the basis of this information. Lipper Fund Awards designations are for informational purposes only. Lipper is not responsible for the accuracy, reliability or completeness of the information obtained from Lipper. In addition, Lipper will not be liable for any loss or damage resulting from information obtained from Lipper or any of its affiliates. Past performance is not necessarily a guide to future performance and investors should remember that past performance is not a guarantee of future results.
Senior Business Communications Executive, APAC
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