ANL 28.30 Increased By ▲ 0.24 (0.86%)
ASC 16.70 Increased By ▲ 0.08 (0.48%)
ASL 23.55 Decreased By ▼ -0.39 (-1.63%)
AVN 91.93 Increased By ▲ 0.81 (0.89%)
BOP 9.78 Increased By ▲ 0.10 (1.03%)
BYCO 9.68 Decreased By ▼ -0.22 (-2.22%)
DGKC 111.60 Decreased By ▼ -2.26 (-1.98%)
EPCL 48.30 Decreased By ▼ -0.54 (-1.11%)
FCCL 21.85 Increased By ▲ 0.04 (0.18%)
FFBL 27.39 Decreased By ▼ -0.26 (-0.94%)
FFL 18.52 Increased By ▲ 0.39 (2.15%)
HASCOL 14.70 Decreased By ▼ -0.12 (-0.81%)
HUBC 84.80 Decreased By ▼ -1.45 (-1.68%)
HUMNL 7.27 Decreased By ▼ -0.13 (-1.76%)
JSCL 30.80 Increased By ▲ 1.44 (4.9%)
KAPCO 40.56 Increased By ▲ 2.17 (5.65%)
KEL 4.13 Decreased By ▼ -0.08 (-1.9%)
LOTCHEM 15.65 Decreased By ▼ -0.35 (-2.19%)
MLCF 43.06 Decreased By ▼ -0.39 (-0.9%)
PAEL 39.43 Decreased By ▼ -1.06 (-2.62%)
PIBTL 12.85 Decreased By ▼ -0.19 (-1.46%)
POWER 11.41 Decreased By ▼ -0.33 (-2.81%)
PPL 95.99 Decreased By ▼ -1.99 (-2.03%)
PRL 24.40 Decreased By ▼ -0.99 (-3.9%)
PTC 9.70 Decreased By ▼ -0.08 (-0.82%)
SILK 1.21 No Change ▼ 0.00 (0%)
SNGP 45.85 Decreased By ▼ -0.65 (-1.4%)
TRG 102.88 Increased By ▲ 5.65 (5.81%)
UNITY 31.40 Decreased By ▼ -0.14 (-0.44%)
WTL 1.20 Increased By ▲ 0.05 (4.34%)
BR100 4,836 Decreased By ▼ -19.88 (-0.41%)
BR30 24,445 Decreased By ▼ -61.61 (-0.25%)
KSE100 45,727 Decreased By ▼ -204.32 (-0.44%)
KSE30 19,020 Decreased By ▼ -89.89 (-0.47%)
Markets

JPMorgan fund tops 2020 global macro rankings-SharingAlpha

  • The pandemic had resulted in "exponential growth" in the use of the platform to search for funds, Kaplan told Reuters.
06 Jan 2021

LONDON: JPMorgan Asset Management's Global Macro Opportunities Fund was the top-rated global macro fund of 2020, asset allocators using SharingAlpha, the fund rating platform, said on Wednesday.

The PIMCO GIS Global Bond Fund was the top-rated global fixed income fund, and the Swiss AtonRa Fund was the highest-ranked in large-cap global equities, according to the platform, which enables sovereign wealth funds, pension funds and funds of funds to rate investment funds.

While global economies reel from the impact of the COVID-19 pandemic, many assets have performed well, boosted by stimulus from governments and central banks.

Rather than focusing on past performance, however, the allocators rate funds based on the quality of their asset managers, the fees they charge and the make-up of the funds' portfolios, including environmental, social and governance factors, Oren Kaplan, co-founder and CEO of SharingAlpha, said.

SharingAlpha, which set up in 2016 as a TripAdvisor style platform for fund reviews, has more than 13,000 fund selectors on its platform, rating over 12,000 funds.

The pandemic had resulted in "exponential growth" in the use of the platform to search for funds, Kaplan told Reuters.

"The world has been forced to go digital, which has affected the distribution of funds in 2020," he said.

Outsized bets on large US technology companies and emerging cryptocurrencies fuelled the year's top-performing US mutual and exchange-traded funds, fund tracker Morningstar said last week.