F&C EUROPEAN GROWTH & INCOME - Manager
No Bestinvest rating
Find rated europe excluding uk funds
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
|
|
–
|
0.31%
|
0.13%
|
-0.54%
|
0.78%
|
|
0.12%
|
–
|
0.25%
|
78.5%
|
0.0%
|
96.0%
|
|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
|
Paras Anand
 "Photo of Paras Anand")
Paras Anand is Head of European Equities with overall responsibility for F&C’s Continental European and Pan European Equities teams. He joined F&C in September 2007. Prior to this, Paras headed up Deutsche Asset Management’s European equities team in New York and managed the $600m US mutual fund, the DWS Europe Equity Fund. Until September 2005 he was also lead manager for the DWS European Opportunities Fund. Prior to this, Anand worked at HSBC Alternative Investments in 2001 where he managed a UK market neutral hedge fund, having started his career on the UK institutional team at INVESCO in 1997. He holds a BA and post graduate diploma from the University of Bristol as well as professional qualifications from the Society of Technical Analysts and the Institute of Investment Management.
Track record
Paras Anand has 5.4 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.25%.
During the worst period of relative performance (from May 2010 - April 2011) there was a decline of 7% relative to the index. The worst absolute loss has been 38%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 96%.
Other funds managed
| Periods of worst performance |
|
Absolute
|
-38%
(May 2008 - February 2009)
|
|
Relative
|
-7%
(May 2010 - April 2011)
|
Sector record since
May 2004 (5 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