Covestor manager Barry Randall receives Morningstar recognition


Morningstar recently awarded a prestigious four stars to Barry Randall – the manager of Covestor’s Crabtree Technology model – for a composite tech portfolio that Barry has managed over the past three years.

The Crabtree Multi-Cap Technology vehicle, which includes the Crabtree Technology model currently available on Covestor, received four out of five possible stars from Morningstar for Morningstar’s separately managed accounts database. The rating ranks funds by their risk-adjusted returns. (See details on Morningstar’s methodology for these ratings.)

To receive a Morningstar rating, an investment manager submits a composite of similarly managed portfolios. The vehicle known to Morningstar as the Crabtree Multi-Cap Technology vehicle is a composite of the Covestor Crabtree model since its inception, merged with another Crabtree Fund account that Barry maintained since March 2009. The composite therefore reflects the real-world performance of all accounts that follow the Crabtree Technology investment strategy, including Barry’s model on Covestor (but it is not identical with Covestor’s Crabtree Technology model).

Congratulations, Barry!

To learn more about Barry’s Crabtree Technology model and his investing style, read some of his recent blog posts and see details on the model page.

Note: This does not constitute an advertisement for Barry Randall’s Morningstar-rated composite, but rather notes his recognition from Morningstar.

 

Author profile

Barry Randall
Barry Randall
Crabtree Asset Management invests in growing technology companies. Barry Randall is the firm's founder and chief investment officer. He has more than 20 years of professional investing experience.

Barry spent five years as a technology stock analyst and 10 more years managing mutual funds that focused on small-cap and technology stocks. He has experience managing mutual funds and separately managed accounts as large as $650 million. Prior to earning his MBA in 1993, he spent six years as a professional computer programmer.

Barry earned a Wall Street Journal 'Category King' award for his co-management of a small cap mutual fund in 2006.

As of December 2016, Morningstar rated the Crabtree Multi-Cap Technology composite, of which the strategy offered at Covestor is a component, as having four stars (out of five) for its overall and trailing 5-year performance.

Barry has been quoted regularly in Forbes, US News & World Report, TheStreet.com and E-Commerce Times. He has appeared on CNBC, Bloomberg TV and Fox Business News.

Crabtree Asset Management LLC was founded in 2008 and is headquartered in Saint Paul, Minnesota.