IGNIS ARGONAUT EUROPEAN INCOME A - Manager
Bestinvest rating
Average monthly relative returns
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Bestinvest MRI
|
|
07/08
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08/09
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09/10
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10/11
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11/12
|
|
3 years
|
5 years
|
Career
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3 years
|
5 years
|
Career
|
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-0.27%
|
0.46%
|
-0.67%
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-0.33%
|
0.52%
|
|
-0.16%
|
-0.06%
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-0.03%
|
44.0%
|
56.8%
|
65.2%
|
|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Oliver Russ
 "Photo of Oliver Russ")
Russ graduated from Oxford University in 1996 with a first class honours degree in Classics. He holds the CFA charter and successfully completed the IIMR examinations and is a Fellow of the Securities Institute. He joined Orbitex (Neptune's forerunner) in 1998 where he was responsible for running the Orbitex UK Equity Fund. In 2002 he moved to Invicta Investment Management, a privately owned hedge fund, but re-joined Neptune Investment Management in April 2004 as a fund manager and financial analyst. In May 2005 Russ co-founded Argonaut Capital Management with Barry Norris.
Track record
Oliver Russ has 6.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.03%.
During the worst period of relative performance (from February 2009 - June 2011) there was a decline of 18% relative to the index. The worst absolute loss has been 35%.
Other funds managed
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Start Date |
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Dec 2005
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Apr 2010
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| Periods of worst performance |
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Absolute
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-35%
(December 2007 - February 2009)
|
|
Relative
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-18%
(February 2009 - June 2011)
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Sector record since
January 2006 (6 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach