BAEP was established in July last year, when former ING Investment Management fund managers Paul Cuddy and Mark East joined forces with Bennelong Funds Management.
"The team's tie-up with Bennelong is considered by S&P to be one of the better boutique arrangements, which also bodes well for future stability," S&P analyst James Gunn said.
Despite the recent launch of the funds, S&P decided to give them four stars because of the team's four-year track record of outperformance at their former employer.
