Ashburton Ranked Top Offshore Management Company by PlexCrown

Ashburton, the Jersey-based active investment manager, has been named the top offshore management company for the second quarter of 2009 by the PlexCrown Fund Ratings’ survey.

Achieving an overall ranking of 3.483 PlexCrowns, Ashburton ranked first in both European Equity and Global Asset Allocation, second in Global Fixed Interest: Other Income, and also joint second in US Equity.

PlexCrown is an independent agency, and rates fund managers with foreign domiciled funds that are registered with the South African Financial Services Board. The ratings are calculated using PlexCrown’s unique methodology which takes quantitative measures used to calculate performance to create one easy to understand number*. Commenting on Ashburton’s success Ryk de Klerk, director of PlexCrown Fund Ratings said: “The company continues to excel in virtually all categories in which it competes.”

Peter Bourne, Managing Director at Ashburton, commented: “We are delighted to have achieved this award. South Africa is an important market for us and this ranking not only confirms our long-term track record but highlights that Ashburton has performed consistently across almost our entire product range.”