Given the contrasting series of market environments investors have had to deal with over the last three years, it is quite the understatement to suggest delivering the best risk-adjusted returns has been a challenge. As such, a consistent and tried-and-tested methodology to identify such performance has been – and looks set to continue to be – an invaluable support to fund selection.
Against this challenging backdrop, Goldman Sachs Asset Management retained its Overall Large Group accolade in this year’s Refinitiv Lipper Fund Awards for the Nordics region while Sweden-based Öhman won the corresponding Overall Small Group award.
PGIM won both the Small Equity Group and Small Bonds Group awards, while Switzerland-based Union Bancaire Privée and Denmark-based Nykredit Invest respectively picked up the prizes for Large Equity Group and Large Bonds Group. Completing the company awards, GAM won Large Mixed Asset Group while the Small Mixed Asset Group accolade went to Finland-based Alexandria.
In total, almost 240 funds won individual awards across three, five and 10-year timeframes. “Objectivity and rigour are vital in an industry that is saturated with accolades,” notes Refinitiv Lipper’s head of research, Europe, Middle East and Africa, Detlef Glow. “These fund awards are unique in that they are the only ones based entirely on objective, quantitative criteria, recognising exceptional outperformance on a risk-adjusted basis relative to a fund’s peers.”