GLG JAPAN CORE ALPHA R - 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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0.69%
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1.26%
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0.13%
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-0.19%
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-0.27%
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-0.11%
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0.33%
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0.90%
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47.6%
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89.8%
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100.0%
|
|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Stephen Harker
 "Photo of Stephen Harker")
Harker holds a BA in Mathematics and Economics from the University of Warwick and an MA in Economics of Finance from the University of Sheffield. Harker spent 11 years at Prudential Portfolio Managers of the UK where he spent nine years covering Japanese equities and was responsible for over $2 bn of equity assets. Harker was also in charge of equity teams covering the European market. In 1994, he joined TCW Investment Management Company, which became part of Société Générale Asset Management. The assets were sold to GLG in 2009. Man Group Plc bought GLG in 2010.
Track record
Stephen Harker has 17.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.9%.
During the worst period of relative performance (from May 1999 - February 2000) there was a decline of 33% relative to the index. The worst absolute loss has been 39%. 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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Jan 2006
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GLG JAPAN CORE ALPHA EQUITY AAX GBP
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Mar 2010
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| Periods of worst performance |
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Absolute
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-39%
(April 1991 - July 1992)
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Relative
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-33%
(May 1999 - February 2000)
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Sector record since
July 1990 (18 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