The latest international shares sectors review from Zenith Investment Partners has awarded highly recommended ratings for 13 products across six managers.
There were also 45 products rated as recommended, from an initial total of 180 products.
Zenith expressed confidence the highly recommended global equity managers Independent Franchise Partners, Walter Scott, Magellan, Platinum and Lazard have the skills to exploit inefficiencies in markets.
Zenith’s head of research Ben Davis said some of these funds would underperform in certain environments and may also produce high tracking errors.
“However, we believe retail investors are more concerned about absolute risk/return outcomes. This is demonstrated by the outstanding retail support of Platinum Asset Management, which has raised over $17 billion with little institutional investment,” he said.
Funds from Colonial First State, Martin Currie and the Schroder Global Emerging Markets Fund were downgraded to recommended.
