Pictured from left: Philippe de Vandière and Alexandre Marquis of Unigestion, Patricia Kaveh of Banque de Luxembourg Investments SA, Ronald van Genderen of Morningstar, Sino Krijgsman of MFS Meridian Funds, Philippe Goettmann of T. Rowe Price, Jeffrey Schumacher of Morningstar, Lars Rosenfeld of Inter-Portfolio and Lodewijk van der Kroft of Comgest. They are seen during the 2019 Morningstar Luxembourg Fund Awards ceremony held at the Centre Culturel Schéiss, 14 March 2019
The investment research outfit Morningstar has named four funds and three money managers who “added the most value for investors” in the grand duchy compared to peers last year.
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