Investment Week reveals finalists for 25th Investment Company of the Year Awards

investmentweek.co.uk:

Celebrating the 25th Anniversary of the Investment Company Awards

The awards, which have been running for a quarter of a century, highlight managers in this important part of the market, who have delivered consistently strong performance for investors across a variety of sectors.

Our winners will be announced during a special 25^th anniversary awards ceremony on 16 November in London.

We would like to thank the Association of Investment Companies (AIC) for being our headline sponsor for the awards and Law Debenture for being a sponsor.  

Methodology

The shortlists for the awards were constructed using scores provided by the AIC, using Morningstar data.   

Investment companies need a three-year track record to 30 June 2023 to be shortlisted and a market cap of £50m or above.

Within each sector, companies had their cumulative fair NAV returns calculated over three discrete periods in sterling terms. Returns over the 12 months to 30 June 2023 were given a 40% weighting, the 12 months to 30 June 2022 were given a 30% weighting, while the 12 months to 30 June 2021 accounted for 20% of the overall score. The final 10% weight was given to the full cumulative NAV return over the three years to 30 June 2023.   

These scores were added to give a single score out of 100, the highest of which were considered for the shortlists, with oversight from our judging panel.   

Shortlisted companies and their boards will now be contacted by Investment Week and asked to submit a questionnaire, which will be used in the qualitative judging stage.    

Winners are then chosen by ourjudging panel after heated debate during our judging sessions, where qualitative factors will also be considered.   

The judging panel for the awards includes some of