OLD MUTUAL UK SELECT MID CAP A - Manager
Bestinvest rating
Average monthly relative returns
|
Bestinvest MRI
|
|
07/08
|
08/09
|
09/10
|
10/11
|
11/12
|
|
3 years
|
5 years
|
Career
|
3 years
|
5 years
|
Career
|
|
–
|
–
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-0.48%
|
-0.06%
|
0.32%
|
|
-0.07%
|
–
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-0.18%
|
59.9%
|
0.0%
|
43.3%
|
|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
|
Richard Watts
 "Photo of Richard Watts")
Watts joined Old Mutual's UK Mid & Small Cap team as an analyst in 2002, becoming deputy manager of their UK Select Mid Cap fund in 2006 and taking over as lead manager at the end of 2008. Prior to joining OMAM he was a senior associate in the investment management division of Pricewaterhouse Coopers before spending two years at Orbis Investment as an equity analyst. Watts graduated from Oxford University with a degree in mathematical sciences in 1998, is IIMR qualified and a CFA Charterholder.
Track record
Richard Watts has 3.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.18%.
During the worst period of relative performance (from January 2009 - August 2010) there was a decline of 14% relative to the index. The worst absolute loss has been 20%.
Other funds managed
| Periods of worst performance |
|
Absolute
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-20%
(May 2011 - September 2011)
|
|
Relative
|
-14%
(January 2009 - August 2010)
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Sector record since
January 2009 (3 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