Last month, 15 sector-leading managers earned their first Citywire AAA ratings for outperformance in their respective sectors.
In doing so, the managers have gained Citywire's highest merit for their risk-adjusted returns, positioning themselves among just a select few at the top of the 15,000 managers in our database.
Here we take a closer look at the top three high-flying managers that joined the exclusive AAA-rated community.
For more information on our ratings and how manager ratios are calculated, please click here.
Mark Tay, Allianz Global Investors
Manager ratio: 1.27
Allianz GI's Mark Tay has earned an AAA rating and comes in as the highest newly-rated name in the Citywire database for his solid risk-adjusted performance on the Asian high yield bond fund.
Tay first started to run the fund in October 2014 and is the head of fixed income at Allianz Global Investors Singapore.
The Allianz Dynamic Asian High Yield Bond W USD fund returned 34.70% over the past three years to the end of October 2017 in Swiss franc terms. This compares with the benchmark, the United Asian High Yield Bond fund, which returned 27.47% over the same period.
Gregory Finck, Morgan Stanley
Manager ratio: 1.22
Newly AAA-rated Gregory Finck has run Morgan Stanley Global Mortgage Securities fund since 2014, alongside Citywire AA-rated Neil Stone.
Finck currently serves as head of the securitised team at Morgan Stanley, with more than 22 years of investment experience.
Over three years to the end of October 2017, the Morgan Stanley Global Mortgage Securities A EUR fund has returned 17.28% in Swiss franc terms, which compares with the benchmark Bloomberg Barclays US MBS TR's 10.22% over the same period.
Michael J. Conelius, T. Rowe Price
Manager ratio: 0.92
Michael J. Conelius has the third best manager ratio of the group of newly AAA-rated managers, just missing the 1.00 mark.
The emerging markets bond manager has run his T. Rowe Price fund since December 2004.
Conelius is a portfolio manager in the fixed income division at T. Rowe Price, where he has worked for 29 years.
Over three years to the end of October 2017, the T. Rowe Emerging Markets Bond fund returned 25.29% in Swiss franc terms, while the benchmark JP Morgan EMBI Global returned 21.76% over the same period.
Here's a full rundown of the latest fund managers to join the elite group:
|Manager||MR||Tracking error||Contributing funds||Sector|
|Mark Tay||1.27||1.49||Allianz Dynamic Asian High Yield Bond||Bonds - Asia Pacific Hard Currency|
|Gregory Finck||1.22||1.66||Morgan Stanley Global Mortgage Securities||Bonds - US Dollar Mortgages|
|Michael J. Conelius||0.92||1.53||T Rowe Emerging Markets Bond||Bonds - Emerging Markets Global Hard Currency|
|Mohsin Memon & Rollo Roscow||0.92||6.14||Schroder ISF Emerging Europe||Equities - Emerging Markets Europe|
|Bin Shi||0.89||9.83||UBS (Lux) Eq Fd - China Opportunity & UBS (Lux) Equity Fd - Greater China||Equities - China & Equities - Greater China|
|Olga Karakozova||0.88||8.67||Danske Invest Russia||Equities - Russia|
|Vinay Thapar||0.87||3.18||AB SICAV I-International Health Care||Equities - Pharmaceuticals & Health Care|
|Frank Schwarz & Patrick Vogel||0.87||11.06||MainFirst - Global Equities||Equities - Global|
|Guillaume Puech||0.85||6.67||Echiquier Agenor||Equities - European Small & Medium Companies|
|Chris Lau||0.85||1.62||Invesco Asian Bond & Invesco Renminbi Fixed Income||Bonds - Asia Pacific Hard Currency & Bonds - Chinese Yuan|
|Hugo Bain||0.82||4.85||Pictet - Emerging Europe & Pictet-Russian Equities||Equities - Emerging Markets Europe & Equities - Russia|
|Rafael Mendoza Grendi||0.82||5.24||Investec GSF Latin American Equity||Equities - Latin America|
|Eric Bendahan||0.78||4.05||Eleva European Selection Fund||Equities - Europe|