Investment research firm Morningstar has announced the winners of its UK Fund Awards 2018.   

The annual Morningstar UK Fund Awards recognise the retail funds and fund groups that added the most value for investors within the context of their relevant peer group in the previous year and over longer time periods.

The company says it selected the winners using a “quantitative methodology” and eligible funds needed a five-year performance track record.

The winners of the Morningstar UK Fund Awards 2018 were:

Jonathan Miller, Morningstar UK’s director of manager research, said: “We saw many strong contenders for the Morningstar UK Fund Awards 2018 and the winning funds and fund houses have demonstrated the ability to earn strong risk-adjusted returns for investors.”

He added: “It’s important for investors to take a long-term view to avoid undue risk.”

Morningstar has launched a new business unit offering institutions and financial advisers seeking to outsource fund selection or asset allocation access to a series of Select Lists and Model Portfolios.

Net inflows and assets under management hit record highs in 2017, according to a report released this morning.

Former FCA technical specialist turned consultant Rory Percival, a Chartered Financial Planner, has today published his long-awaited guide to risk-profiling tools.