Today at the awards luncheon at Club Lusitano in Hong Kong, the Platinum and Gold winners accepted their respective fund awards.
JP Morgan representatives made the trip to the stage four times. The firm won one Platinum and two Gold awards and also received an FE Newcomer Fund Award. Fidelity was also a multiple award winner, taking two Platinum and one Gold.
Double category winners included First State, Mirae Asset and Schroders.
The award winners were selected through both quantitative and qualitative methods.
FE Advisory used its Crown Rating methodology to assesses funds based on alpha, volatility and consistency and create a shortlist for 15 asset classes.
The shortlist was given to an independent panel of professionals from Asia's fund selector community in Hong Kong. Each judge selected the funds they thought would outperform in the next 12 months.
Their aggregated choices determined the Platinum and Gold winners.
The Hong Kong shortlist is here.
On January 18, the Singapore FSA Award winners were announced at a luncheon at the Tower Club. They can be viewed here.
FE Newcomer Fund Awards
This year, the FSA Awards included two promising funds with a relatively short track record, one active, one passive. The Newcomer Fund Award winners were not selected by judges, but chosen by FE Advisory.
For active funds, the product needed to demonstrate it had potential to become an FSA Award candidate in the future. For passive fund contenders, FE considered the tracking error since launch, fees and cost competitiveness. For both active and passive, the product idea had to be linked to investment trends in 2016.
We thank the fund selector judges for their support and congratualtions to all the winners.
FSA Fund Award winners in Hong Kong
|Asia Pacific Equity||Macquarie Asia New Stars||Mirae Asset Asia Pacific Equity|
|Emerging Market Bond||First State Emerging Markets Bond||AB Emerging Markets Debt Portfolio|
|European Equity||JGF-Jupiter European Growth||JPM Europe Dynamic|
|Global Bond||HS Global Financial Sector Bond||BlackRock GF Fixed Income Global Opportunities|
|Global Emerging Market Equity||Templeton Emerging Markets Smaller Companies||HSBC GIF Emerging Wealth|
|Global Equity||Morgan Stanley Global Opportunity||Invesco Global Structured Equity|
|Greater China/China Equity||UBS (Lux) Equity - China Opportunity (USD)||NB China Equity|
|High Yield||Fidelity Asian High Yield||Principal GIF High Yield|
|Hong Kong Equity||First State Hong Kong Growth||Schroder ISF Hong Kong Equity|
|Japanese Equity||Aberdeen Global Japanese Smaller Companies||JPMorgan Japan (Yen)|
|Mixed Asset||Allianz Income and Growth||Fidelity Advantage Portfolio Growth|
|Regional Bond||BlackRock GF Asian Tiger Bond||HSBC Asian Bond|
|Regional/Singale Country Emerging Market Equity||JPMorgan India Smaller Companies||First State Indian Subcontinent|
|Sector Equity||Fidelity Global Technology||Robeco Global Consumer Trends Equities|
|US Equity||Legg Mason Opportunity||Schroder ISF US Small & Mid Cap Equity|
Special FE Award for Newcomer funds
|Active||JPMorgan Asia Equity Dividend||Platinum|
|Passive||Mirae Asset Horizons MSCI China||Platinum|