M&G Investments gains ‘Highly Rated’ status from SharingAlpha users
M&G Investments has gained the ‘Highly Rated Provider’ status from the community of professional fund buyers on SharingAlpha, while its M&G Global Dividend, Optimal Income, Global Convertibles and Emerging Market Bond funds have gained the ‘Highly Rated Fund’ status.
These ratings are based on expectations among the SharingAlpha user base of the future performance of the funds. The platform gauges three parameters – the 3Ps – of people, price and portfolio. ‘People’ measures the experience and competitive edge of the fund manager and its team, ‘price’ measures the costs of the fund, and ‘portfolio’ looks for views on investment strategy. SharingAlpha calculates average ratings of funds, in mind of ratings from those that are identified as professional fund buyers. There is a higher weighting given to the views of professional fund buyers whose own rankings on the platform are higher.
Oren Kaplan, CEO and co-founder of SharingAlpha, said: “Our growing community of professional fund buyers have shared their expectations on our platform and as a result we are able to offer investors assistance in identifying funds generating consistent alpha. We are glad that we can work with asset managers such as M&G Investments, which enables us to develop this innovative fund rating methodology and introduce a more transparent and robust fund selection process.”
Andrew Watson, head of UK Retail Sales at M&G Investments said: “It is fantastic to have our commitment to generating alpha for our investors recognised in this way by independent professional fund selectors. It will be interesting to see how the SharingAlpha community approach evolves from here.”