The awards highlight funds and asset managers that have provided strong, risk-adjusted returns to investors over the long term and should be able to do so in future.

Among the category winners are Fidelity, LF Ruffer, Invesco, Schroder and Jupiter. Best Asset Manager awards went to JO Hambro and Robeco.

The awards have three categories: the Morningstar Category Awards, the Morningstar Asset Manager Awards and the Morningstar Asset Manager Sustainable-Investing Awards.

Jonathan Miller, head of UK manager research, Morningstar, said: “The Morningstar Awards for Investing Excellence commends funds and asset managers for serving investors well and which Morningstar’s Manager Research team believes will be able to deliver strong risk-adjusted returns in the longer term.

“Based on Morningstar’s forward-looking ratings for funds, the Morningstar manager research team carefully decide the winners, across equity, fixed income, and multi-asset categories, as the leading funds within the UK for investors.

“Additionally, with our Asset Manager Sustainable-Investing Awards, we seek to recognise asset managers that have built strong ESG capabilities and have proven track records of integrating sustainability principles into their investment organisations” said

The 2023 Morningstar Awards for Investing Excellence award winners in the UK are:

Source: Morningstar 

Source: Morningstar

The awards were determined by a combination of risk-adjusted medium- to long-term performance track records and Morningstar’s forward-looking rating for funds, the Morningstar Analyst Rating, supported by the Morningstar Quantitative Rating (MQR), when necessary.