Asset Managers · Funds

Morningstar lists 12 funds for Luxembourg excellence award

Morningstar has announced the finalists for the 2024 Morningstar Awards for Investing Excellence Luxembourg. Twelve funds are nominated for a Morningstar Category Award, and six asset managers are shortlisted for a Morningstar Asset Manager Award.

The awards recognise those funds and asset managers that have served investors well over the long term and which Morningstar’s Manager Research team believes will be able to deliver competitive risk-adjusted returns over time.

The awards are designed to recognise the industry’s fund offerings and investor-centric firms which Morningstar’s Manager Research team believes will be able to deliver strong risk-adjusted returns in the longer term. “Using the Morningstar Medalist Rating, our manager research team carefully decides the finalists across individual fund markets from amongst funds that have done particularly well over both the short and the medium term,” said Jeffrey Schumacher, director of manager research, EMEA, Morningstar, in a statement.

There are three types of Morningstar awards: the Morningstar Category Awards, the Morningstar Asset Manager Awards, and the Morningstar Asset Manager Sustainable-Investing Awards.

The finalists for the 2024 Morningstar Awards for Investing Excellence Luxembourg are:

Morningstar Category Awards:

Finalists:

Best EUR Allocation Fund

Allianz Strategiefonds Balance R EUR

Best EUR Allocation Fund

CapitalatWork Dynamic D

Best EUR Allocation Fund

Vanguard LifeStrategy ® 60% Eq ETF EUR Acc

Best EUR Bond Fund

AAF-Schroder Euro Corp ESG Bds D€

Best EUR Bond Fund

BlueBay Investment Grade Bd B EUR

Best EUR Bond Fund

Candriam Bds Euro High Yld R Cap

Best Europe Equity Fund

Brandes European Value A Euro

Best Europe Equity Fund

Comgest Growth Europe EUR Acc

Best Europe Equity Fund

M&G (Lux) PanEurpSustainParisAlgnd$AAcc

Best Global Equity Fund

Artisan Global Value A USD Acc

Best Global Equity Fund

Baillie Gifford WW L/T Glb Gr A EUR Acc

Best Global Equity Fund

Fidelity Global Equity Inc A-Acc-USD

 

Morningstar Asset Manager Awards:

Finalists:

Best Asset Manager

Artisan Partners

Best Asset Manager

Legal & General

Best Asset Manager

RBC BlueBay

Best Asset Manager - Sustainable Investing

Comgest

Best Asset Manager - Sustainable Investing

Impax

Best Asset Manager - Sustainable Investing

Robeco

 

The winners will be announced on 14 March at the Morningstar awards event in the Scheiss Cultural Centre in Luxembourg town.

Performance and ratings weighed

The Morningstar awards are determined by a combination of risk-adjusted medium- to long-term performance track records and Morningstar’s forward-looking rating for funds, the Morningstar Medalist RatingTM including its Parent pillar component. The Medalist Rating is set on a five-tier scale running from  Gold, Silver, Bronze, Neutral and Negative at the share class level. The Morningstar Asset Manager – Sustainable Investing Awards are determined by a combination of qualitative and quantitative sustainability research capabilities. 

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