The firm presented its “2019 Morningstar Luxembourg Fund Awards” on Thursday evening.
The awards recognise the retail funds and fund houses--which distribute to investors in Luxembourg--that had the best risk-adjusted one-, three- and five-year performance in 2018.
The firm’s Jeffrey Schumacher stated in a 15 March press release:
“This year’s winners have clearly demonstrated their skills and added value for investors. They have not only navigated the European market turbulence of 2018 skillfully, but also outperformed their peers over the past five years without taking undue risk. They are among the best performers within their category, based on their excellent risk-adjusted returns.”
Recipients of the 2019 Morningstar Luxembourg Fund Awards
Fund category awards
- Best EUR allocation fund: BL-Global 75 B EUR
- Best EUR fixed-income fund: IP Bond-Select P
- Best Europe equity fund: MFS Meridian Funds - European Value Fund A1 EUR
- Best global equity fund: Comgest Growth World USD Acc
Fund house awards
- Best fund house, equity: Unigestion
- Best fund house, fixed-income: IShares
- Best fund house, overall: T. Rowe Price
The research firm published its methodology on its website (PDF).
According to its website, Morningstar has more than 5,200 employees in 27 countries tracking 621,370 investments.