MIR Investment Management was named Fund Manager of the Year in the 2007 Standard and Poor's Fund Awards held this week.
The high-conviction, value fund run by Michael Triguboff took out the top honour ahead of finalists Axa Australia, BT Financial Group, K2 Asset Management and Pengana Capital.
The fund also won the Australian Equity Large Caps sector award and was a finalist for the Australian Equity Small Caps gong.
S&P said MIR won the top award because it had a strong boutique culture, a rigorous and disciplined process, and an impressive team of fundamental analysts for its high-conviction strategy.
Two new awards were handed out this year - Emerging Manager of the Year, which was taken out by CCP, and Innovative Product of the Year, which was won by the Pengana Capital Global Volatility Fund.
Pengana Capital also won the Australian Equity Small Caps award for its long and solid track record, excellent research and trading skill set, and active bottom-up stock picking.
Other sector winners included Credit Suisse Asset Management (fixed interest), Axa Australia (Australian mortgages), ING Funds Management/Clarion Global Property (listed property), Walter Scott Growth (international equities diversified), Schroder Investment Management Global (international equities emerging markets) and Mellon Single Manager Multi-Strategy (alternative strategies).
More than 400 people attended Wednesday night's award ceremony in Sydney.
