Please find information on how the Fund Manager of the Year Awards works. Funds will be contacted if they have been shortlisted and only shortlisted funds can enter. Key dates can be found on the homepage but if you have any questions, please contact Amelia Hrabe.

Quantitative judging process - Performance screening criteria

Which funds are included?

Funds must meet the following criteria to be considered:

• UK authorised and FCA-recognised with distributor status.

• Must appear in Investment Association (IA) sectors linked to our categories, apart from the India category which is linked to the Morningstar India Equity category.

• £50m in size or above at 31 January 2025.

• Have a three-year track record at 31 January 2025 with the same managers/team. We will look at the record of named managers on the fund.

• Must be aimed at retail/wholesale investors. Funds aimed only at institutional or charities investors will not be included.

Scoring methodology

For the Equities, Bonds and Specialist categories

A weighted score is given to each fund's percentile ranking within qualifying Investment Association sectors over each of the three discrete years to 31 January 2025. These are sectors which we can map to our Fund Manager of the Year categories.

There is a 20% weighting to the percentile ranking during the 12 months to 31 January 2023, 30% to 31 January 2024, and 40% to the period to 31 January 2025. In addition, a 10% weighting is given to the fund's Sortino ratio to give an indication of relative risk.

This creates a combined score and the top scoring funds are then included in the shortlists for the awards.

For the Absolute Return and Managed categories

A weighted score is given to each fund's percentile ranking within qualifying Investment Association sectors over each of the three discrete years to 31 January 2025. These are sectors which we can map to our Fund Manager of the Year categories.

There is a 15% weighting to the percentile ranking during the 12 months to 31 January 2023, 25% to 31 January 2024, and 40% to the period to 31 January 2025. In addition, a 10% weighting is given to the fund's Sortino ratio to give an indication of relative risk and a 10% weighting to the average drawdown over the period.

This creates a combined score and the top scoring funds are then included in the shortlists for the awards.

Group of the Year

The shortlist for the Group of the Year category will be based on the number of shortlisted funds in the category lists.

With special thanks to our event partner Morningstar for providing the data and statistics.