Australia Ratings upgrades La Trobe Financial to ‘Superior’


The $9.6 billion diversified wealth manager La Trobe Financial announced that it has been upgraded to ‘Superior’ – the highest available ranking – in its most recent independent operational capability assessment by research house, Australia Ratings. La Trobe Financial Chief Investment Officer Chris Andrews said he was delighted to receive this top ranking from the highly-regarded Australia Ratings.

“Ultimately it is investors who benefit from independent reviews of operational capability. That’s why this is so important to us. We have always targeted the highest levels of professionalism in all we do and this most recent ranking is independent verification of our processes. As responsible stewards of other people’s money for almost seven decades, we continue to develop our people, processes and platform to benefit investors.”

Australia Ratings Analyst, Natasha Hall commented, “This upgrade reflects the ongoing investment by La Trobe Financial in its human resources and risk and compliance practices, in addition to the strengthened financial backing from the Blackstone Group”.

The La Trobe Financial 12 Month Term Account, one option in its $4.5 billion Credit Fund, has also been rated ‘Recommended’ by Lonsec and Zenith, while both the 12 Month Term Account and Select Investment Account (another Credit Fund option) have received a 4.25 star rating from SQM, reflecting a ‘superior’ rating.

Each research house has identified the strong capability of La Trobe Financial’s experienced 385-strong credit and operations team, highlighting the demonstrated and consistent track record of performance through various economic cycles.

Complementing the upgraded ranking, International Finance Magazine has this year recognised La Trobe Financial in two international finance awards for ‘Best Investment Management Company – Australia’ and ‘Best Non-Bank – Australia’. The Credit Fund was also recently judged Australia’s 2020 Best Credit Fund – Mortgages by finance journal Money magazine for the 11th consecutive year.

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