Advance Asset Management has been named Fund Manager of the Year at the Financial Review Smart Investor Blue Ribbon Awards 2011.
Advance also won the multi-sector conservative category for the Advance Defensive Multi-Blend Fund and the multi-sector growth category for the Advance Balanced Multi-Blend Fund.
Head of Advance Investment Solutions Patrick Farrell said the win reflected the hard work of a committed team with decades of investment expertise.
“We have access to the latest expertise locally and globally and as a result our multi-manager funds benefit from the best possible thinking and expertise. We believe we have a unique investment process and we’re delighted that we’ve been recognised for this.”
According to research house Morningstar, which judged the award, Advance was a worthy winner whose people, processes and risk-adjusted performance, particularly in the last year, represent an exemplary manager relative to its competitors.
Two of Advance’s funds were also named as finalists in the multi-sector balanced and large cap world shares categories.
Advance is a specialist asset management business within BT Financial Group. Its focus is on asset allocation and risk management, implemented through a multi-manager process, providing investment opportunities across a range of asset classes, including shares, property, fixed interest and cash.