News

Centrepoint's managed account solution adds 'Fund Manager of the Year' to its model managers

19 October 2016

Centrepoint’s managed account solution, vMAPs, has added leading Australian asset manager, Bennelong Australian Equity Partners (BAEP), as an investment model manager for its Australian Equities Core sector. This complements its existing Ventura Morningstar Australian Shares Core model.

Centrepoint Alliance Group Executive for Investment Solutions, Mat Walker, said, “We are very pleased to add a high quality Australian manager like BAEP to the vMAPs stable as we selectively identify opportunities to complement other existing world class investment managers we have partnered with.

“The addition of BAEP as a new manager creates a new client and adviser centric way of investing in a world class investment option.” Mr. Walker added.

BAEP, who won ‘Fund Manager of the Year’ at the Professional Planner/Zenith Fund Awards earlier this month, was established in 2008 as a partnership between Mark East and Bennelong Funds Management (Bennelong). A proven boutique fund manager, BAEP employs a research-intensive and high conviction investment approach. Over the past five years, the Bennelong Australian Equities Fund has provided a return of 14.42% p.a. (as at 30 September 2016).

Andrew Aitken, Bennelong’s Head of Distribution said, “We are proud to be partnering with Centrepoint Alliance.  Innovation and a focus on building the prosperity of investors is at the forefront of Centrepoint’s offer and, more broadly, these attributes are pivotal to our industry’s future.”