Women
have
been
making
their
mark
in
portfolio
management
for
some
time
despite
their
relatively
low
representation
in
the
space.
In
honour
of
International
Women’s
Day,
Morningstar
analysts
have
identified
several
lead
female
portfolio
managers
who
manage
funds
available
for
sale
in
the
UK
and
earn
the
High
or
Above
Average
People
Pillar
ratings.
Notable
portfolio
managers
like
Clare
Hart,
Catherine
Stanley,
and
Paola
Binns
are
just
a
few
of
the
women
who
have
successfully
managed
their
respective
funds
and
have
produced
strong
results
for
investors.
Below
we
present
those
three
outstanding
women.
Clare
Hart,
JPMorgan
Clare
Hart
is
one
of
the
industry’s
most
impressive
managers.
She
has
been
the
lead
portfolio
manager
on
the
Gold-rated
JPM
US
Equity
Income
strategy
for
almost
20
years,
having
managed
the
US
mutual
fund
since
August
2004,
and
its
UK-domiciled
mirror
since
2008.
Hart
is
an
industry
veteran,
with
29
and
22
industry
and
firm
experience,
respectively.
Her
contribution
to
the
US
value
franchise
at
JPMorgan
is
marked:
she
has
brought
stable
leadership
to
the
strategy
and
skillfully
led
its
execution.
Hart’s
equity-income
approach
has
earned
strong
results
over
her
tenure,
delivering
high
total
and
risk-adjusted
returns.
From
August
2004
through
January
31,
2024,
the
strategy
(via
the
US
mutual
fund),
has
delivered
an
annualised
return
of
11.1%
(in
GBP
terms),
versus
10%
for
the
Russell
1000
Value
Index
and
8.5%
for
the
US
large-value
Morningstar
Category
peers.
Solid
defense
in
bear
markets
along
with
the
avoidance
of
value
traps
have
been
features
of
the
strategy
under
Hart.
The
strong
and
consistent
return
profile
has
attracted
praise,
and
the
strategy’s
assets
under
management
peaked
at
$83
billion
£65.4
billion
as
of
December
2021,
making
it
the
largest
US
equity
strategy
managed
by
a
woman.
Although
Hart
announced
her
impending
retirement
in
the
fall
of
2024,
we
believe
the
strategy
will
continue
benefiting
from
the
deep
and
experienced
value
team
she
has
built
and
the
investment
approach
she
has
honed
across
her
career.
JPM
US
Equity
Income’s
Cumulative
Return
over
Hart’s
Tenure
Catherine
Stanley,
Columbia
Threadneedle
Catherine
Stanley
is
one
of
the
longer-tenured
and
experienced
managers
in
the
UK
sustainable
equities
space.
She
has
three
decades
of
investment
experience
and
has
been
managing
the
Silver-rated
CT
Responsible
UK
Equity
and
Bronze-rated
CT
Responsible
UK
Income
strategies
since
June
2009.
She
has
built
an
impressive
career
in
the
industry,
having
been
with
BMO
since
June
2000,
prior
to
its
acquisition
by
Columbia
Threadneedle
in
2021.
Before
that,
she
spent
nine
years
at
Framlington
where
she
managed
both
retail
and
institutional
UK
smaller-company
portfolios.
Stanley’s
prior
experience
in
smaller
companies
is
beneficial,
as
many
companies
at
the
larger
end
of
the
UK
market
are
excluded
from
the
investable
universe
on
sustainability
grounds.
Stanley
has
achieved
strong
and
consistent
returns
for
investors.
Over
her
tenure,
from
June
2009
through
Jan.
31,
2024,
the
CT
Responsible
UK
Equity
fund
has
delivered
an
annualised
return
of
9.1%,
outperforming
both
the
FTSE
All-Share
Index
and
the
UK
flex-cap
equity
Morningstar
category
average
by
1.1
and
0.7
percentage
points
per
year,
respectively.
The
fund
has
outperformed
the
index
in
every
calendar
year
except
three
over
the
past
14
years.
Stanley’s
strong
analytical
and
leadership
skills
have
allowed
her
to
become
an
influential
stakeholder
at
Columbia
Threadneedle,
where
she
also
holds
the
roles
of
head
of
global
small
cap
and
co-head
of
UK
equity,
as
well
as
the
lead
portfolio
manager
on
CT
Global
Small
Cap
Equity
strategy.
CT
Responsible
UK
Equity’s
Cumulative
Return
Over
Stanley’s
Tenure
Paola
Binns,
Royal
London
Paola
Binns
is
one
of
the
most
experienced
portfolio
managers
in
the
Sterling
Corporate
Credit
space.
She
brings
over
35
years’
experience
in
bond
markets.
Binns
joined
Royal
London
Asset
Management,
or
RLAM,
in
2007
as
fund
manager.
After
building
out
the
firm’s
Sterling
Credit
capabilities,
she
was
appointed
head
of
Sterling
Credit
in
2021.
Prior
to
joining
RLAM,
Paola
worked
at
Credit
Suisse
Asset
Management
where
she
was
responsible
for
managing
Sterling
Credit
assets.
Throughout
her
career,
Binns
has
gained
experience
across
European
corporate
bonds,
government
bonds,
and
emerging
markets
debt.
Through
her
strong
analytical
capabilities,
she
has
been
able
to
add
value
and
successfully
manage
research-intensive
bottom-up-driven
corporate
bond
strategies.
Her
strategies
have
a
bias
toward
secured
bonds
within
sectors
such
as
covered
bonds,
real
estate,
social
housing,
and
structured
bonds.
There
is
also
emphasis
on
strong
covenants
and
securitised
structures.
Binns
has
been
lead
manager
for
Bronze-rated
Royal
London
Short
Duration
Credit
Fund
since
its
inception
in
November
2013.
The
absolute
and
risk-adjusted
return
profile
of
the
fund
compares
very
favourably
against
its
benchmark
and
peers
with
strong
security
selection
being
the
main
driver
of
outperformance.
Outperformance
has
also
been
remarkably
consistent.
It
outperformed
its
GBP
Corporate
Bond
–
Short
Term
peers
in
nine
out
of
10
full
calendar
years
and
finished
within
the
top
decile
of
the
peer
group
in
eight
out
of
10
years.
In
addition
to
the
above
strategy,
Binns
is
also
lead
manager
for
Royal
London
Sterling
Credit
Fund
and
Royal
London
Investment
Grade
Short
Dated
Credit
Fund.
In
total,
these
three
funds
account
for
£6
billion
in
AUM.
RLAM
Short
Duration
Credit
Cumulative
Return
Over
Binns’
Tenure
Morningstar’s
Top
Female
Managers
of
2024
These
are
just
a
few
of
the
excellent
female
portfolio
managers
under
our
coverage.
Below
we
list
the
sole
lead
female
or
team
of
women
managers
across
the
UK
that
earn
Above
Average
or
High
People
Pillar
ratings
(as
of
November
2023),
indicating
Morningstar
analysts’
confidence
in
the
portfolio
management
team
and
the
strategy.
We
believe
that
each
of
these
Morningstar
Medalist
funds
deserves
to
be
included
on
investors’
watchlists.
/p>
Note
on
Methodology:
Our
method
excludes
strategies
where
there
is
a
female
portfolio
manager;
decisions
are
team-based
or
where
a
multicounsellor
approach
applies,
with
individuals
each
managing
a
sleeve
of
a
portfolio
and
one
or
more
managers
may
be
female.
Female
managers
were
included
as
such
whenever
reference
to
the
manager
is
made
as
her/she
in
official
fund
documents.
Of
the
616
actively
managed
UK
and
European
domiciled
funds
with
a
People
Pillar
rating
of
Above
Average
or
High
(as
of
November
2023),
28%
have
a
female
manager
present
on
the
roster.
Only
19%
of
those
strategies
are
female-led,
with
the
majority
(roughly
55%)
following
a
team-based
approached.
The
remaining
26%
are
led
by
a
male
manager.
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