Morningstar announces the winners of the Morningstar Awards 2021. We hand out our prestigious awards to funds and fund houses that not only delivered a strong performance in 2020, but also beat their competitors over the past five years. The finalists and winners have clearly demonstrated their skills and added value for investors. They are among the best in their category based on their excellent risk-adjusted returns. Morningstar congratulates all finalists, and above all, the winners, for their outstanding performance and winning their coveted Morningstar Awards.
Although the winners of the Morningstar Awards deserve praise, it should be noted that past performance is no guarantee of future results. Nonetheless, this year's winners include several funds and fund houses that have won or been nominated for Morningstar Awards in the past. In some instances, the top three in a particular category has beaten hundreds of competing offerings. That is a testimony to excellent fund management.
EUR Fixed Income
BlueBay Investment Grade Euro Aggregate Bond Fund
Morningstar Rating: *****
Morningstar Analyst Rating: -
Morningstar about BlueBay Investment Grade Euro Aggregate Bond Fund:
BlueBay Investment Grade Euro Aggregate Bond Fund has ranked in the top decile of its category in 6 out of the last 10 calendar years and only underperformed its Morningstar category average once in 2011. It trounces its peers over the last 3 and 5 years with compelling returns both on absolute and risk-adjusted terms (measured by its Sharpe ratio). After suffering pain in the first quarter of 2020, the fund’s performance bounced back in the subsequent recovery driven by astute market risk exposure and additive selection both in the sovereign and corporate space.
EUR Allocation
Amundi Funds Global Multi-Asset Conservative
Morningstar Rating: *****
Morningstar Analyst Rating: -
Morningstar about Amundi Funds Global Multi-Asset Conservative:
This fund leaves no stone unturned to generate returns: it relies on macro positioning which is complemented by a mix of security selection, hedging, arbitrage, and relative value strategies. Its performance ranks in the top decile of its category over the past one, three and five years. In 2020, this fund held up better than 70% of its EUR Cautious allocation peers at the height of the covid-crisis, and made good use of its comprehensive process to remain ahead of its peers in the subsequent recovery, finishing the year in the 4th percentile of its category.
Today we have revealed the winners in the Fixed-Income and Allocation funds categories, yesterday 16th of March we have announced the winners in the Equity category. Tomorrow Thursday the 18th of March we will announce the winners of the fund house awards. We hereby would like to congratulate all finalists with this major achievement in a highly competitive landscape.
