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 longstanding 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.
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,” Ms Robinson said.
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.
The SuperRatings Fund of the Year went to Hostplus, recognising the fund’s strong results across 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.
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.
TelstraSuper was awarded Pension of the Year, 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.
“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,” Mr Rappell concluded.
