THREADNEEDLE EUROPEAN SELECT C1 - 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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–
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–
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0.26%
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0.45%
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1.60%
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0.77%
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–
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0.81%
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98.4%
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0.0%
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98.7%
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|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Dave Dudding
 "Photo of Dave Dudding")
Dudding joined Threadneedle in 1999 and took control of the European Smaller Companies fund in September 2002. In July 2008 he also took control of the European Select portfolio. His analyst responsibilities include Information Technology, Chemical and Small Cap sectors. After graduating in 1993, he spent three years working for a British conglomerate in Hong Kong. Upon his return to the UK he worked as a financial journalist, before returning to Oxford to study for a masters degree in European politics. Dudding graduated from Wadham College, Oxford University, in 1993 with a degree in modern history and a MPhil in European Politics. Dudding is also a Chartered Financial Analyst (CFA).
Track record
Dave Dudding has 3.8 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.81%.
During the worst period of relative performance (from February 2009 - September 2009) there was a decline of 15% relative to the index. The worst absolute loss has been 23%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 99%.
Other funds managed
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Start Date |
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Jul 2008
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Sep 2002
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| Periods of worst performance |
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Absolute
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-23%
(August 2008 - October 2008)
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|
Relative
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-15%
(February 2009 - September 2009)
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Sector record since
July 2008 (4 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