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Rock Bottom hits the top

The penultimate game in the IFA Manager of Managers 2003 and Best PIMS Return 2003 Champions Competition has now been played and the results of the top 10 performing teams are shown in the table below.

The Rock Bottom team of funds, managed by Mark Hughes has reached top position yet again in the league table after the third game. Is this just luck or can they stay at the top next month? The team have now returned an impressive 1.26 per cent return over the three games so far. This is impressive indeed considering the FTSE Balanced Portfolio index has fallen by 1.03 per cent since December 2003.

A close second with a return of 0.98 per cent is Andrea Taylor&#39s team, Donna&#39s Demons, who are closing the gap on the leaders and may be strong enough to knock Rock Bottom off the top slot after the next and final game period.

Performance of the month goes to Rilatt&#39s Raiders, managed by Brian Rilatt, who have leapt from position 22 to fourth. There was a vast improvement in the performance of his portfolio of funds, namely Allianz Dresdner North American A and Henderson global technology, which boasted returns of 6.47 per cent and 5.32 per cent respectively over the last month.

It is US and UK equity funds, which have made the running over recent weeks while the defensive bond funds have lost ground.

This did not help one unfortunate manager who took advantage of the ability to make substitutions last month. Unfortunately, the substitution plummeted the team&#39s performance outside the top 30. In swapping the Merrill Lynch UK income fund for the Henderson preference and bond fund, the manager lost 2.8 per cent instead of gaining 4.96 per cent.

After the first two games, there was only one team scraping a cumulative positive return. However, the table now shows a healthier position with six of the teams returning positive scores.

The top 10 performers

The table below shows the top 10 teams by cumulative per-formance after the first three periods, December 20, 2002 to January 24, January 24 to February 21 and February 21,to March 21.

The overall winner from each of the two competitions -IFA Manager of Managers 2003 and Best PIMS Return 2003 – will receive a ticket to attend the European Champions League final in Manchester on May 28, 2003 and an invitation to attend the League Managers&#39 Association annual dinner in Nottingham on May 12.


The League Managers Association dinner is an opportunity to get close to the leading names in football management. If you win, you could attend the end of season dinner, the showcase event where the LMA Manager of the Year award will be presented and televised on Sky Sports.

The overall winners will be those IFAs whose team of funds performs best over the four matches in this competition. This Champions Competition Top 10 below, features the best-performing teams following the third match period from: February 21 to March 21.

Made it to the top 30?

Check your team performance by visiting The top performing 30 teams following performance period three are now available to view.

Two chances to shine

Scottish Life International&#39s two portfolio bond products – the Protected Investment Management Service (PIMS) for UK investors, and the International Protected Investment Management Service (IPIMS) for international investors – offer investors the chance to select investments from the world league of funds and hold them under a single portfolio umbrella. The squad of funds for the competitions is drawn exclusively from the funds offered by the Select Fund Managers under PIMS and IPIMS.

PIMS Insurance is an option, which is available under the PIMS and IPIMS products. It is a unique facility that protects portfolios against the effects of falling markets.

The automatic inclusion of PIMS Insurance in your team means that it is protected against poor performance if stockmarkets fall. At the start of the competition, the value of your PIMS Insurance will be 101 per cent of the starting value of the portfolio.

Each month, on the PIMS Insurance valuation dates, your portfolio will be revalued. If the new value is higher than the previous valuation, the PIMS Insurance valuation will rise to this new level. If the new portfolio value has fallen, then the PIMS Insurance value remains intact. Thus, the value of your PIMS Insurance can never fall.


Champions Competition remaining performance period: Performance period 4: March 21, 2003 to April 11, 2003 If you have any issues accessing your details or general queries, send an email to:

PROMOTER: Scottish Life International Investment Group Limited, a Royal London company, which is regulated by the FSA. Scottish Life International only promotes the investment, life insurance and pension products of the Royal London marketing group. Registered in Scotland number 166387. Registered office: 19 St Andrew Square, Edinburgh EH2 1YE. In association with Money Marketing and International Money Marketing.


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