Robeco’s Global Consumer Trends fund has topped SharingAlpha’s top fund league table for November followed closely by one of Schroder’s liquid alternative funds. The Schroder GAIA Two Sigma Diversified fund is managed by Two Sigma Advisers CIO Geoff Duncombe and seeks to deliver uncorrelated alpha, with controlled volatility, across a wide range of market conditions.
You have to scroll some way down the table before UK-listed managers make the top fund list, with Liontrust’s UK Smaller Companies fund in sixth position and M&G’s Emerging Market Bond fund in ninth place.
Amongst the provider table, Lindsell Train are top dogs, closely followed by another retail investor favourite Fundsmith. Polar Capital came in third with other UK-listed entities Liontrust and Schroders holding eighth and ninth respectively.
SharingAlpha is a site for professional fund buyers so unlike other data providers that just show which funds have collected the most in net inflows, the site gives some indication into what the pros favour.
It has a system which it dubs the three ‘Ps’, these being people, price and portfolio For people, it is the experience of the manager and the team which might give the fund an edge, which sounds like it might be caught by the star manager fallacy. Price is fairly obviously the cost of the fund although portfolio concerns aspects such as risk management, which in today’s market is of great importance.
While anyone can rate funds on the site, it is their profession that is skewed by the site to make the results more suitable for the discerning fund buyer. Another aspect that sets SharingAlpha apart is its fund raters have the ability to build up a track record. If they’ve selected funds that go on to enjoy success, the weighting of their vote increases to reflect this.
SharingAlpha’s owner Oren Kaplan told Fundeye: "SharingAlpha has seen a strong increase in traction from both asset allocators and fund providers. Currently, there are over $18 billion of open searches with an average ticket size of roughly $30 million. Clearly the global pandemic has resulted in a dramatic shift towards digital solutions."
View SharingAlpha's complete monthly report here
