Morningstar Inc, a leading provider of independent investment insights, has announced the winners of the 2024 Morningstar Awards for Investing Excellence Luxembourg.
The awards recognise 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 strong risk-adjusted returns over time.
“The Morningstar Awards for Investing Excellence commends the industry’s fund offerings and investor-centric firms. Based on Morningstar’s forward-looking ratings for funds, the Morningstar manager research team carefully select the winners across equity, fixed income, and multi-asset categories, as the leading funds within Luxembourg for investors. We’d like to congratulate all winners and finalists of this year’s awards,” said Jeffrey Schumacher, Director of Manager Research, EMEA, Morningstar Inc.
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 2024 Morningstar Awards for Investing Excellence award winners in Luxembourg were as follows:
- Best EUR Allocation Fund: Vanguard LifeStrategy® 60% Equity ETF;
- Best EUR Bond Fund: BlueBay Investment Grade Bd B EUR;
- Best Europe Equity Fund: Brandes European Value A Euro;
- Best Global Equity Fund: Artisan Global Value A USD Acc.
Best Asset Manager Awards
- RBC BlueBay
Best Asset Manager Sustainable Investing Awards
- Impax.
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 Medalist Rating™ including its Parent pillar component. The Medallist 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 Morningstar’s qualitative and quantitative sustainability research capabilities.
