RIVER AND MERCANTILE GLOBAL EQUITY A - Manager

Alec Stanic

Stanic graduated from Edinburgh University in 1995 with an MA in Economic and Social Geography. He started at Cazenove Fund Management in 1995, working initially in the European equities team as an analyst, before moving to the UK Smaller companies team as a portfolio manager. He joined Newton in 1999 as an Associate Director of Investment Management (Global Equities) and manages both pension and retail funds to global benchmarks. He holds the IMC and is an associate member of UKSIP. In March 2009 it was announced he was moving to River & Mercantile as head of global equities.

Track record

Alec Stanic has 6.2 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.02%.
During the worst period of relative performance (from February 2008 - November 2011) there was a decline of 18% relative to the index. The worst absolute loss has been 35%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 70%.

Sector record since August 2005 (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