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In the latest FE fundinfo Alpha Managers study 28 managers gained the rating for the first time.

Fundsmith’s Terry Smith, Fidelity’s Anthony Srom and Jupiter’s Richard Watts have joined FE fundinfo’s FE Alpha Manager Hall of Fame, which recognises managers that have been rated as ‘Alpha Managers’ consistently for at least seven years. In order to gain an Alpha rating, managers are rated based on their risk-adjusted alpha, their outperformance in both bull and bear markets, and the consistency of their outperformance relative to their benchmarks. They are ranked based on their track records since 2000, and managers with a longer history of managing money are awarded an extra w...