On Wednesday 22 February 2023, Morningstar, Inc, a leading provider of independent investment research, announced the nominees for the 2023 Morningstar Awards for Investing Excellence Luxembourg.
The awards recognise funds and asset managers that have served investors well in the long term and which have convinced Morningstar's manager research team that they will be able to deliver strong risk-adjusted returns over time.
There are three types of Morningstar award: the Morningstar Category Awards, the Morningstar Asset Manager Awards and the Morningstar Asset Manager Sustainable-Investing Awards.
The nominees for the 2023 Morningstar Awards for Investing Excellence Luxembourg are as follows.
Best EUR Allocation Fund: Cartesio; Ruffer; DWS.
Best EUR Bond Fund: Candriam; Schroders; Robeco.
Best Europe Equity Fund: M&G; Magallanes; BlackRock.
Best Global Equity Fund: Schroders; GuardCap; Robeco.
The nominees for the Morningstar Asset Manager Awards are: Robeco (Best Asset Manager); Vanguard (Best Asset Manager); J O Hambro (Best Asset Manager); Robeco (Best Asset Manager - Sustainable Investing); BNP Paribas (Best Asset Manager - Sustainable Investing); Candriam (Best Asset Manager - Sustainable Investing).
"These awards recognise funds and asset managers that have served investors well and which Morningstar's Manager Research team believes will be able to deliver strong risk-adjusted returns in the longer term. Based on Morningstar's forward-looking ratings for funds, the Morningstar manager research team carefully decide the finalists across individual fund markets," said Jeffrey Schumacher, Director of Manager Research EMEA at Morningstar.
The winners of the 2023 Morningstar Awards for Investing Excellence Luxembourg will be announced during a ceremony on 8 March 2023.
Methodology
According to Morningstar, these 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 Analyst Rating™, complemented by the Morningstar Quantitative Rating™ (MQR), when necessary. The MQR is a quantitative rating that seeks to emulate the Analyst Rating and uses the same Gold, Silver, Bronze, Neutral, Negative scale as the former.
The Morningstar Asset Manager - Sustainable Investing Awards are determined by a combination of Morningstar's ESG Commitment Level for asset managers, along with Morningstar's sustainability metrics for funds and Manager Research analysts' knowledge of the fund groups they assess in the context of the Morningstar Analyst Rating for funds.
