Three fund houses were the biggest winners of The Edge-Thomson Reuters Lipper Singapore Fund Awards 2016.
BlackRock, Fidelity International and Schroders won the largest number of individual fund awards. BlackRock and Schroders also scooped up the most group awards. Fidelity led the way with 14 fund awards across a variety of classifications sub-divided by asset class, regions as well as investing periods.
BlackRock had nine fund awards in addition to being named the best bond group for fixed-income investing in 2015. Schroders scored four fund awards and led the way in the mixed-asset category. It also won the accolade of being the “Best Overall Group” in the funds business.
A total of 59 classification awards were also handed out to funds registered for sale in Singapore in the three main asset classes including two categories in the alternatives and com- modity space. In turn, the evaluation of funds were sub-di- vided into three periods for their returns over three, five and 10 years respectively.
According to Xav Feng, Asia-Pacific head of research for Thomson Reuters Lipper, the key criterion for winning the awards are the ability to achieve consistent performance during the periods under review. “This identifies funds that consistently provides superior risk-adjusted returns in their asset class and is the most appropriate metric for investors to evaluate funds on a comparable basis,” says Feng.
Feng also noted that despite the bleak investment climate especially in the second-half of last year, Singapore-registered funds continued to receive positive inflows despite the negative trend on a global basis. “In Singapore unlike the global market, we saw net inflows of about $1.8 billion last year,” he notes.
Feng explains: “By asset class, there were net inflows of about $2 billion for mixed-assets, while equity funds had al- most $1.5 billion.” But outflows were recorded in bond and money market funds to the tune of $1.6 billion and $100 mil- lion respectively, summing up to a net gain of $1.8 billion for the fund management industry in Singapore.
Data on fund flows and performance statistics are collated from 24 fund houses that file regular reports with Thomson Reuters Lipper on their funds registered for sale in the city- state. Feng says the number of reporting houses will rise to 25 this year, to offer the broadest insights to the funds business in Singapore.
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BlackRock, Fidelity International and Schroders won the largest number of individual fund awards. BlackRock and Schroders also scooped up the most group awards. Fidelity led the way with 14 fund awards across a variety of classifications sub-divided by asset class, regions as well as investing periods.
BlackRock had nine fund awards in addition to being named the best bond group for fixed-income investing in 2015. Schroders scored four fund awards and led the way in the mixed-asset category. It also won the accolade of being the “Best Overall Group” in the funds business.
A total of 59 classification awards were also handed out to funds registered for sale in Singapore in the three main asset classes including two categories in the alternatives and com- modity space. In turn, the evaluation of funds were sub-di- vided into three periods for their returns over three, five and 10 years respectively.
According to Xav Feng, Asia-Pacific head of research for Thomson Reuters Lipper, the key criterion for winning the awards are the ability to achieve consistent performance during the periods under review. “This identifies funds that consistently provides superior risk-adjusted returns in their asset class and is the most appropriate metric for investors to evaluate funds on a comparable basis,” says Feng.
Feng also noted that despite the bleak investment climate especially in the second-half of last year, Singapore-registered funds continued to receive positive inflows despite the negative trend on a global basis. “In Singapore unlike the global market, we saw net inflows of about $1.8 billion last year,” he notes.
Feng explains: “By asset class, there were net inflows of about $2 billion for mixed-assets, while equity funds had al- most $1.5 billion.” But outflows were recorded in bond and money market funds to the tune of $1.6 billion and $100 mil- lion respectively, summing up to a net gain of $1.8 billion for the fund management industry in Singapore.
Data on fund flows and performance statistics are collated from 24 fund houses that file regular reports with Thomson Reuters Lipper on their funds registered for sale in the city- state. Feng says the number of reporting houses will rise to 25 this year, to offer the broadest insights to the funds business in Singapore.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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