Ashburton Investments’ Jersey-domiciled Global Energy Fund has been recognised for outstanding performance with a Thomson Reuters Lipper® Fund Award in an event held in the City of London.
The award for three year performance relative to its peers was collected by Fund Manager Richard Robinson who has managed the Fund since inception. It is the second award the Fund has won in the past six months after also claiming an Investment Week Specialist Investment accolade in October 2016.
The Fund, which has a five star rating from Morningstar, outperformed the benchmark MSCI World Energy by 28.3% and was rated number one in its peer group to the end of December 2016.
Commenting on the award, Richard, who is AA rated by Citywire, said “It’s great to be recognised by the industry for our innovative approach to the Global Energy Fund and the long-term outperformance it has produced.”
“By actively focussing on the oil cycle and taking exposure to different sub-sectors during different stages, we able to consistently extract value from cyclical sector.
The Thomson Reuters Lipper® Awards have been running for over three decades, honouring funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.