26 March 2014
Bennelong Australian Equity Partners (BAEP) has won the 2014 Morningstar Australia Award, beating Hyperion and Perpetual in the Domestic Equities Category.
Award winners are determined by a range of qualitative research by Morningstar's fund analysts. The winners are assessed against a number of factors including relative quality of the asset team’s people, process, philosophy and style. Business and investment disciplines, risk-adjusted medium-to-long-term track record, and performance in the 2013 calendar year are also key factors.
Morningstar said BAEP continues to produce enviable risk-adjusted returns for investors, explaining that the team has shown a ‘deft hand’ at navigating market turning points, using an earnings-growth focused process.
“The investment team is led by Mark East and Paul Cuddy, who have managed to construct a high-performing, high-conviction Australian equity portfolio”, reported Morningstar’s Christine St Anne.
BAEP was founded in 2008 in partnership with Bennelong Funds Management and currently manages $4.6 billion on behalf of both retail and institutional investors.