Morningstar Fund Family 100
We are pleased to announce that T. Rowe Price has received the maximum High Parent rating in Morningstar’s latest Fund Family 100 research.
At T. Rowe Price, our guiding principle is to meet the needs of our clients – Morningstar have labelled us as “among the best” and praised our firm for navigating turbulent markets with flexibility whilst keeping the fundholders’ interests at the forefront of investment decisions. We have been recognised for broadening distribution, our rigorous research process, strong performance across asset classes, continued investment into our research team and expanding our ESG capabilities.
In this report, Morningstar compare the largest 100 fund families by assets under management and their funds that are available for sale across Europe.
In more than two decades of manager research, Morningstar’s global analyst team has identified three key areas that they believe are crucial to predicting the future success of strategies and their associated vehicles: People, Parent, and Process. These three pillars form the spine of their research approach, and they evaluate each of them when assessing a fund. Within the Parent Pillar of our framework, they look at several data points when assessing a firm. Some of these datapoints are included in this report:
- Manager retention and tenure at each firm for their funds that are available for sale in Europe.
- The quality of the firm's fund range, including those funds with share classes earning Morningstar Medalist Ratings.
- The split of assets under management at the firm across different asset classes.
- The split of assets under management between active and passive strategies.
- The firm's fees and how they stack up within this group of 100 firms.
- The average Morningstar Sustainability Rating™ for funds in each firm's range, and the percentage of assets in funds with Above-Average Sustainability ratings.
All data is as of April 2020. The full report can be found here.
©2020 Morningstar. All Rights Reserved. The information, data, analyses and opinions presented herein do not constitute investment advice; are provided solely for informational purposes and therefore are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. The opinions expressed are as of the date written and are subject to change without notice. Except as otherwise required by law, Morningstar shall not be responsible for any trading decisions, damages or other losses resulting from, or related to, the information, data, analyses or opinions or their use. The information contained herein is the proprietary property of Morningstar and may not be reproduced, in whole or in part, or used in any manner, without the prior written consent of Morningstar. Investment research is produced and issued by subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC, registered with and governed by the U.S. Securities and Exchange Commission. Redistribution is prohibited without written permission. *Analyst Research & Success Ratios: All funds that were rated qualitatively by Morningstar analysts after November 1st 2019 are represented by all their rated shares (weighted by the share class net asset base for the asset-weighted %). Whereas all funds with Morningstar Analyst ratings issued prior to November 1st, 2019 are represented by the rating of their oldest share class (weighted by the fund’s assets under management). *Ns: When the percentage of funds with undisclosed manager details exceeds 85% at a fund firm, the average manager tenure is not calculated. *Na: Investec as a standalone branding name did not rank in the top 100 Fund Families based on assets under management as of April 2020.