F&C PROGRESSIVE GROWTH 1 - Manager
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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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-0.61%
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-2.74%
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1.56%
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-0.09%
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-0.66%
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0.27%
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-0.51%
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-0.14%
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80.5%
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17.9%
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42.5%
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Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Peter Hewitt
 "Photo of Peter Hewitt")
Hewitt is a Director and Investment manager in F&C’s Global Equities team and is responsible for managing a number of investment trust fund of funds portfolios. Prior to rejoining the group (then Friends Ivory & Sime) in 1999, he spent two years as Head of UK Equities with Murray Johnstone. Between 1983 and 1996 he was an Investment Manager with Ivory & Sime, working initially in US team and from 1986 in the UK team, where he was responsible for a variety of pension fund and investment trust clients. Hewitt holds an honours degree in Economics from the Heriot Watt University.
Track record
Peter Hewitt has 10.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.14%.
During the worst period of relative performance (from June 2007 - March 2009) there was a decline of 42% relative to the index. The worst absolute loss has been 31%.
Other funds managed
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Start Date |
F&C MULTI MANAGER INVESTMENT TRUST 1
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Sep 2011
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Oct 2001
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F&C MANAGED PORTFOLIO TRUST GROWTH
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Apr 2008
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F&C MANAGED PORTFOLIO TRUST INCOME
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Apr 2008
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| Periods of worst performance |
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Absolute
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-31%
(October 2007 - March 2009)
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Relative
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-42%
(June 2007 - March 2009)
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Sector record since
November 2001 (10 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