Skip to main content
This website uses cookies. Read more. Okay
20 Feb 2014

Morningstar Win 2014

Foord collected the coveted “Best Fund House” award for management companies with a smaller unit trust range at the Morningstar unit trust awards held in Cape Town on 19 February 2014. Morningstar annually recognises unit trusts that have delivered excellent risk-adjusted returns for investors. The Morningstar Awards are designed to help investors identify the country's most exceptional funds and fund managers.

The Best Fund House award recognises unit trust management companies with the best risk-adjusted returns across their full suite of funds. Fund houses with three or more, but fewer than ten funds, with minimum three-year records in the Morningstar database are eligible for the smaller range award.

Writing in the Financial Mail of 21 February 2014, Stephen Cranston notes: “In the award for managers of a smaller range the clear winner is Foord Asset Management. It has an established track record since 1981 but does not spread its investment talent over too many funds – there are only five Foord unit trusts, including a feeder fund into the Foord International Fund. Foord Balanced Fund is now the eighth largest unit trust in SA with R31.5 billion under management.” He adds that Foord also manages the Nedgroup Investments Value and Stable Funds, with latter being runner up in the “Best Cautious Allocation Fund” category.

Insights

28 Jul 2020

Investing Through the Noise

Uncertainty levels always feel sky-high when financial markets suffer bouts of extreme stress. It is natural for people to lose confidence in their understanding of how things should work when paradigm shifts occur.…

Read more

15 Jun 2020

The evolving politics of oil

There has been a seismic change in global oil markets, with potentially devastating long-term risks to the global economy and geopolitics. Portfolio manager and resources analyst MIKE TOWNSHEND looks at the politics…

Read more
newsletter subscription