Andrew joined M&G in 2005 as a member of the portfolio strategy & risk team. He now works in the multi-asset team, formulating asset allocation strategies for M&G's multi-asset fund range. He was appointed deputy fund manager on the M&G Cautious Multi Asset Fund and the M&G Managed Fund in November 2009. Previously, he worked at F&C Asset Management, Merrill Lynch and the Bank of England. Andrew graduated from the University of London in 1997 with a degree in financial economics.
Steven Andrew has 6.2 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.04%.
During the worst period of relative performance (from March 2015 - June 2016) there was a decline of 8% relative to the index. The worst absolute loss has been 11%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 80%.
|Periods of worst performance
(March 2015 - January 2016)
(March 2015 - June 2016)