Zurich moves up to four Morningstars
Zurich has joined the four-star club for managers rated by Morningstar.
This means the investment manager has been branded a "very good" quality fund manager and joins the likes of AMP, ING, JB Were, Merrill Lynch, MLC and Rothschild.
Morningstar found that the fund manager had more funds which individually had four and five star status than previously, with more than 70 per cent of its funds of four-star calibre, and 20 per cent of funds awarded five stars.
The research house highlighted a few key areas which it said were responsible for Zurich's new rating.
First, more of Zurich's funds were achieving better quarterly returns than any other of their peers.
Second, the funds were found to have achieved lower volatility than what they had 12 months earlier.
Finally, their risk/return ratios were found to be more efficient than those of their peers.
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