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You are here: Manager factsheet

Patrick Armstrong

Distinction Funds, Armstrong Investment Managers
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FE Trustnet verdict
Overall, performing worse than the peer group composite. Over a long track record, the manager has, period by period, consistently underformed the peer group. Poor stockpicking has had a material downward effect on results, which have not been particularly exposed to falling markets.
Manager profile
Patrick Armstrong is joint managing partner of AIM. He previously worked as co-head of Insight Investment’s Multi-Asset Group, head of manager selection at UBS and as an equity analyst at Deutsche Bank. Patrick has an MBA from the Rotman School of Management and is a Chartered Financial Analyst.
Total return for Patrick Armstrong
 
Rolling Alpha Quartile: Discrete three year periods
Rolling Alpha Quartile shows a manager's alpha score in quartile terms, plotting his or her risk adjusted performance against all other managers in the UT & OEICs universe. The best managers are those who are consistently ranked in the first or second quartile.
 
Quartile 1
Quartile 2
Quartile 3
Quartile 4
 
 
 
 
 
0-36m
 
 
 
 
 
 
 
 
 
12-48m
 
 
 
 
 
 
 
 
 
24-60m
 
 
 
 
 
 
 
 
 
36-72m
 
 
 
 
 
 
 
 
 
48-84m
 
 
 
 
 
 
 
 
 
Discrete calendar year performance : Patrick Armstrong

Manager career performance
Discrete performance
  0-12m 12-24m 24-36m 36-48m 48-60m 60-72m 72-84m 84-96m 96-108m 108-120m
Patrick Armstrong -0.9 0.3 5.4 -6.1 6.5 - -20.6 5.0 8.9 17.9
Peer Group Composite 5.3 9.9 6.0 -2.0 3.7 - -24.3 6.0 9.9 18.8
Over / Under -6.2 -9.6 -0.6 -4.1 2.8 - 3.7 -1.0 -1.0 -0.9
Performance vs peer group composite: Patrick Armstrong
How a manager matches up against his peers gives you some idea of how talented he is. Very few managers perform equally well in rising and falling markets, so knowing which type of market a manager is capable of performing well within is also important.
 
Overall markets
Up
Outperformed peer group composite
2 years
out of a possible 9
 
Overall markets
Up
Underperformed peer group composite
7 years
out of a possible 9
 
Rising markets
UpDown
Outperformed peer group composite
1 year
out of a possible 7
 
Falling markets
UpDown
Outperformed peer group composite
1 year
out of a possible 2
Funds currently managed
Fund Sole/Co-managed Sector Periods
FP Distinction Diversified Real Return Co-managed IMA Mixed Investment 20%-60% Shrs since Jan 19 2010 to present
Devonshire Tactical Real Return Co-managed FO Equity - International since Jun 08 2010 to present
Devonshire Balanced Real Return Co-managed FO Mixed Asset - Aggressive since Jul 01 2010 to present
Devonshire Conservative Real Return Co-managed FO Mixed Asset - Cautious since Jul 01 2010 to present
Devonshire Distribution Real Return Co-managed FO Mixed Asset - Flexible since Jul 01 2010 to present
Devonshire Cautious Return Co-managed FO Absolute Return since Feb 01 2012 to present
Funds managed previously
Fund Periods
Insight Diversified Dynamic Return since Nov 17 2003 to Oct 26 2008
Insight Diversified High Income since Nov 17 2003 to Oct 26 2008
Insight Wealthbuilder Balanced since Nov 17 2003 to Oct 26 2008
Insight UK Dynamic Managed since Apr 01 2004 to Sep 30 2008
Insight Global Dynamic Managed since Nov 01 2003 to fund close
Insight Diversified Target Return since Feb 18 2005 to Oct 26 2008
Insight UK Equity Income since Aug 02 2004 to fund close
Insight US since Aug 01 2004 to fund close
Insight UK since Aug 01 2004 to fund close
Insight Asia Pacific since Aug 02 2004 to fund close
Insight Japan since Aug 02 2004 to fund close
Insight Global Diversified Returns since Oct 02 2006 to Oct 26 2008
Insight Europe since Aug 02 2004 to fund close
Insight Global Fixed Interest since Aug 02 2004 to fund close
Insight UK Fixed Interest since Aug 02 2004 to fund close
Dynamic Euro Conservative Growth since Jul 01 2010 to fund close
Dynamic US Dollar Growth since Jul 01 2010 to fund close