Seventeen fund groups given FundCalibre Elite Provider Rating

Research firm FundCalibre has launched a new ‘elite provider' rating, with 17 funds gaining the title.

The new rating applies to fund houses included in the firm's Fund Management Index, which was launched earlier this year. Rising star to superstar? FundCalibre's managers to watch To be eligible, groups must have at least four qualifying actively managed equities funds. The index then ranks them based on their outperformance, with the top quarter of companies being awarded the elite provider rating. Among those companies, the average fund outperformed its sector by at least 10% on a five-year view, with Unicorn Asset Management topping the table due to an impressive 50.9% averag...