Latest Lipper data reveals the most popular funds of 2011 among fund of funds investors.
Manager: Vincent Strauss
- Number FoFs invested: 117
- Assets from FoFs: €143.1 million
Following on from the list of most favoured asset management groups among fund of funds, here is a countdown of their most popular individual funds and managers.
Kicking of the top ten is veteran emerging markets expert Vincent Strauss runs Comgest’s Magellan fund which has long been a favourite among professional investors.
His fund’s top country allocation is to Brazil (15.4%) while South Africa and Taiwan are next in line with 13.7% and 12.3%, respectively.
Source: All data comes from Lipper’s European Fund Market Review 2012
Manager: Devan Kaloo
- Number FoFs invested: 120
- Assets from FoFs: €433.4 million
Kaloo’s emerging market equity fund was also one of the best-selling cross border funds of 2011, attracting over €1.6 billion in assets over the year.
This influx of money, however, led Aberdeen to announce plans to stem flows to its GEM range to avoid soft-closing his funds.
Manager: Richard Woolnough
- Number FoFs invested: 125
- Assets from FoFs: €498.3 million
Veteran bond manager Richard Woolnough has over 20 years’ investment experience and currently holds a Citywire Euro Stars AA rating.
Among his top holdings are UK gilts and corporate bonds issued by Imperial Tobacco and Lloyds Banking.
Manager: Duilio Ramallo
- Number FoFs invested: 129
- Assets from FoFs: €387.5 million
The Citywire Euro Stars A-rated manager operates from his firm’s Boston offices and rarely speaks to the media.
He regularly appears as one of the best US equity managers in our Citywire rankings and his fund’s current top sector exposure is to financials at 25% while tech and healthcare stand at 17.5% and 16.9%, respectively.
Manager: Angus Tulloch
- Number FoFs invested: 138
- Assets from FoFs: €598.5 million
Fewer fund of funds may have included Tulloch’s fund in their portfolios, but his Asia Pacific Leaders attracted the highest amount of assets of all those featured in this top ten.
He garnered €10 million more than this rankings’ chart topping fund.
Manager: Mark Mobius
- Number FoFs invested: 149
- Assets from FoFs: €439.4 million
Emerging market veteran Mark Mobius runs a large number of funds and currently holds a Citywire Euro Stars A rating for his performance across all his funds.
His largest country exposure in his Templeton Asian Growth fund is to China (31%) while Thailand (22%) and India (16.4%) are his next biggest country allocations.
Manager: Nicolas Walewski
- Number FoFs invested: 155
- Assets from FoFs: €407.3 million
French manager Walewski is a Citywire Euro Stars A-rated manager and has been running his Alken European Opportunities fund since January 2006.
Among his top stock picks are German car maker Volkswagen, British American Tobacco and French group Valeo.
Manager: Graham French
- Number FoFs invested: 157
- Assets from FoFs: €215.6 million
The Citywire Euro Stars A-rated manager’s global fund invests mainly in companies operating in basic industries and currently has assets of €6.5 billion.
Despite being the second most popular fund in this ranking, he is third from bottom for the amount of assets he has gathered in 2011.
Manager: Michael Hasenstab
- Number FoFs invested: 157
- Assets from FoFs: €588 million
Bond star Hasenstab’s fund was also the top selling fund of 2011 according to the latest Lipper data.
The Templeton Global Bond fund currently has overall assets of $42 billion and his top country exposure is South Korea which makes up 15% of his portfolio.