Lonsec and SuperRatings announced the winners of this year’s Fund of the Year Awards at an awards ceremony in Melbourne on Wednesday night.
The Lonsec Manager of the Year was awarded to Perpetual Asset Management in recognition of its well-established investment philosophy and process, as well as a long standing and strong investment culture.
“Perpetual Asset Management has been committed to its investment style and maintained its approach through multiple investment cycles. It has also broadened its exposure across asset classes and built out its focus on ESG,” said Lonsec Research Executive Director, Lorraine Robinson.
Amanda Gillespie, Perpetual Asset Management Australia Group Executive, said “It’s a tremendous honour to be awarded both the Lonsec Fund Manager of the Year and the Lonsec Multi Asset Fund of the Year, being recognised for our true-to-label approach, broadened investment management capabilities and ESG credentials.”
In a new category introduced this year, the Lonsec Sustainable Fund of the Year was awarded to the Martin Currie Ethical Income Fund. ‘The Martin Currie fund excels at both ESG and Sustainability and has delivered consistent excess returns over the last few years so is a worthy winner of this award,’ continues Lorraine Robinson.
To celebrate the great innovation and development taking place within the industry, Lonsec also recognised the T. Rowe Price Global Impact Equity Fund with the Innovation Award. ‘T. Rowe Price is leading the way in mainstreaming ESG investment strategies and offers a glimpse into the next leg of evolution to dark green products.”
“It was wonderful to be able to celebrate in person this year. Congratulations to Perpetual Asset Management and all the other winners and nominees in this year’s awards.”
The SuperRatings Fund of the Year went to Hostplus, recognising the fund’s strong results across our key assessment areas.
“Each year we examine funds’ end to end offerings across MySuper, Member Choice and Pension offerings to choose the Fund of the Year. Hostplus was competitive across the key metrics of net benefit, member servicing and engagement, as well as providing a broad offering from low cost investing right through to a tailored retirement proposition,” said SuperRatings Executive Director, Kirby Rappell.
Hostplus also received the MyChoice Super of the Year Award for its continued uplift across digital services, whilst executing strategic initiatives to make it easier for advisers to engage with the fund.
David Elia, Hostplus Chief Executive Officer, said “We are honoured to be recognised and awarded SuperRatings’ 2023 Fund of the Year. At Hostplus our members’ best financial interests are at the core of our decision making and the net benefit we provide to them at retirement.”
SuperRatings also announced its MySuper of the Year Award, with CareSuper winning this category. CareSuper also received the Smooth Ride Award, reflecting its focus on risk management and strong outcomes on a risk-adjusted basis. “CareSuper continues to generate strong net benefit outcomes, while also providing a competitive default insurance offering and is a worthy recipient of the MySuper of the Year Award.” said Kirby Rappell
TelstraSuper was awarded Pension of the Year. “TelstraSuper was selected based on the strength of the tailoring within its retirement solution, focus on innovation and digital capabilities, coupled with its strong advice and support services,” said Kirby Rappell.
“It is an honour to continue to recognise the best in the superannuation sector and award those funds which, in the last year, have helped their members to navigate an increasingly volatile landscape.”
