Investing September 27, 2000

Orbis is Nelson's Best For Q2

September 27, 2000 (PLANSPONSOR.com) - Orbis Investment Management topped Nelson Information's quarterly ranking of the top institutional money managers. Caldwell & Orkin and Fidelity topped the US equity and sector-fund categories, respectively.
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According to the latest edition of Nelson Information’s World’s Best Money Managers, Orbis’ Leveraged Fund topped all performers for the quarter, with a 30% quarterly return. They also led the international equity category. Munder Capital’s Munder Framlington Healthcare Fund was second in the category with a 19% return, while Orbis’ Optimal Fund was third with a 15% return.

Caldwell & Orkin’s C&O Investment Partnership topped the US equity category with a 24.28% return in the second quarter, followed by Alliance Capital’s Quasar Institutional Fund with 17.9%. JLH Capital Investment Ltd. rounded out the top three at 16.8%.

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Fidelity’s Advisors Health Care Fund led the U.S. sector-fund category with a 20.4% return, followed by the 20.1% return of First Asset Management’s First American Health Sciences fund. In third place was Dawson-Giammalva Capital’s Southport Energy Plus Partners with a gain of 16.07% for the quarter.

Nelson Information ranks the quarterly, one-, three-, five- and ten-year performance of 1,500 money managers and 4,500 portfolios from Nelson Information’s investment manager database. Institutional investment managers handle large accounts such as pension and 401(k) plans, as well as accounts for high net worth individuals.

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