CAZENOVE EUROPEAN X - Manager
Bestinvest rating
Average monthly relative returns
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Bestinvest MRI
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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
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3 years
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5 years
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Career
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3 years
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5 years
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Career
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0.08%
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1.07%
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-0.29%
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-0.45%
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0.33%
|
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-0.14%
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0.15%
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0.26%
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44.8%
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83.2%
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99.5%
|
|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Chris Rice
 "Photo of Chris Rice")
Rice has a Finance degree from Salford University and an MPhil in Monetary Economics from Glasgow University. Prior to joining HSBC in 1997, he was a European and Japanese fund manager at Scottish Amicable. He headed HSBC’s European Equities team, until the Pan-European retail team decamped almost en masse to Cazenove in September 2002. He now heads their European desk following the departure of Tim Russell in early 2011.
Track record
Chris Rice has 12.7 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.26%.
During the worst period of relative performance (from February 2009 - April 2011) there was a decline of 15% relative to the index. The worst absolute loss has been 46%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is more than 99%.
Other funds managed
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Start Date |
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Dec 2002
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CAZENOVE EUROPEAN INCOME B
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May 2012
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| Periods of worst performance |
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Absolute
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-46%
(February 2000 - February 2003)
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|
Relative
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-15%
(February 2009 - April 2011)
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Sector record since
May 1999 (13 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