Top funds rewarded for strong 2017s
The 2018 Money Management/Lonsec Fund Manager of the Year Awards have seen 19 stellar funds and fund managers rewarded for standout 2017s, with boutique funds and Legg Mason proving the big winners.
The Awards recognised the top funds across a range of categories, as judged by Lonsec. The research house based its decision on funds’ performance against their benchmark within their category and an assessment of funds’ positive qualitative momentum.
The category winners were:
- Alternative Strategies: CFM Institutional Systematic Diversified Trust A
- Australian Fixed Income: Legg Mason Western Asset Australian Bond Fund – Class A
- Australian Property Securities: Folkestone Maxim A-REIT Securities Fund
- Australian Small Cap Equities: OC Dynamic Equity Fund
- Global Equities: PAN-Tribal Global Equity Fund
- ETF Provider: Vanguard Investments Australia
- Australian Large Cap Equities: Bennelong Australian Concentrated Equities Fund
- Direct Property: Australian Unity Healthcare Property Trust – Class A Units
- Long/Short Equities: PM Capital Global Companies Fund
- Global Fixed Income: Legg Mason Brandywine Global Opportunistic Fixed Income Fund
- Emerging Manager: Munro Partners – Global Growth Fund
- Infrastructure Securities – Lazard Global Listed Infrastructure Fund
- Multi-Asset: Pinebridge Global Dynamic Asset Allocation Fund
- Global Emerging Markets Equities: Legg Mason Martin Currie Global Emerging Markets Fund
- Global Property Securities: Quay Global Real Estate
- SMA Provider: AB Concentrated Global Growth Equities Portfolio
- Retirement and Income Focussed: Wingate Global Equity Fund – Hedged
- Responsible Investments: Alphinity Sustainable Share Fund.
Legg Mason won the overall Fund Manager of the Year award, for the third time in the last four years.
Recommended for you
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
Following yesterday’s news about First Sentier Investors closing four investment teams, a second global asset manager has announced it is closing its only dedicated Australian fund.