Understanding the needs of your investors
GLOBAL EQUITIES (Broad Cap)
Winner
IFP Global Franchise Fund
Finalists
Arrowstreet Global Equity Fund
T. Rowe Price Global Equity Fund
Following on from last year's nomination, the IFP Global Franchise Fund has taken out the Global Equities (Broad Cap) category.
Available via Macquarie, head of research relationships, Chris Brookman, said that IFP remained true to its label, securing its position as both high quality and reliable.
Brookman stated that the selective processes used allowed the fund to focus closely on companies within its investment portfolio and understand a multitude of competitive business environments. The main challenge identified was the possibilities of franchise erosion, underpinned by structural decline in organisations.
"IFP is highly selective about the kind of businesses it considers to be a high quality franchise and is disciplined with respect to valuation," Brookman said.
"These intangible assets can provide a company with an enduring franchise that can consistently support high return on capital and the ability to compound shareholder wealth over the long-term."
For the 2015 winner Arrowstreet Global Equity Fund which was nominated for a second consecutive time, the challenges lay in identifying and fostering the competitive edge in quantitative investment firms. A strong point for Arrowstreet was the consideration of a wide range of factors when forecasting returns and the methods in place to combat them. Brookman stated that this Macquarie fund was a category stand out this year for its well-trained quantitative model approach, which continues to demonstrate 'ruthless efficiency' on the back of its 17-year history.
The T.Rowe Price Global Equity Fund was the final nominee and approached the periods of disruption differently, with the fund embracing the uncertainty as an opportunity to refresh. T.Rowe will continue to employ a global approach to work, investing across a range of geographic regions, sectors and market caps.
AUTHOR
Hope William-Smith
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