Storebrand’s Delphi Fund Management Team announced that they received ratings from Standard & Poor’s Fund Services. The Delphi fund team, is a part of Storebrand but operates as an autonomous unit, with Storebrand providing the necessary non-investment services.
The three Funds that received ratings were: AA rating to the Delphi Europa fund, an AA fund rating to the Delphi Verden fund and an A rating to the Delphi Norden fund.
Standard & Poor’s Fund Services mentioned that the Delphi team has, “its own unique style of investment to which its managers are clearly committed.”
Susan Sworn, fund analyst, S&P Fund Services, commented on the ratings, “Delphi's distinctive and defined investment process, applied by disciplined managers, is building a strong track record. This process and performance fully supports an AA rating for Delphi Europa and Verden and an A rating for Norden.”
The Delphi Fund Management team use price databases to receive stock pricing’s uptrend of at least three months. The stock selection for the fund team is up to the individual manager. The Europa fund targets calendar-year outperformance of the MSCI Europe benchmark, the Verden fund aims to beat the MSCI World benchmark and the Norden fund looks to outpace the VINX Benchmark Cap Net index. The latter fund may invest in Norwegian, Swedish, Danish and Finnish names.
Stig Tønder, team leader and senior portfolio manager at Delphi Funds, also commented , “We are very pleased with these ratings for our three Delphi funds, which we believe reflects not only on the strong performance of the funds, but also the strength of our investment process which combines trend analysis with fundamentals analysis. We are very committed, and will work hard to maintain or improve our ratings going forward.”
He is a good friend that speaks well of us behind our backs.
Posted by: manolo blahnik | November 17, 2011 at 13:08
Wow. I've been reading your stuff for about a year now and this is basically the only sh*t I dont agree with. Give atleast a little credit where credit is due. Kobe got his ass kicked by this so called fluke. So what? Chill out. No one said the Rockets were the best team.
Posted by: red sole | October 31, 2011 at 19:28