11 May 2012
The Bennelong Australian Equity Partners (BAEP) team has been nominated for Money Management's Rising Star Fund Manager of the Year award.
BAEP was one of only two nominees. Eligibility was dependant on having been rated by Lonsec, with finalists and winners selected on a combination of past performance and forward-looking measures.
BAEP's Chief Executive Officer, Paul Cuddy, said "It is an honour to be nominated for this prestigious award - a great recognition of the team's efforts and recent successes."
This is the third industry nomination bestowed on BAEP in the past six months.
"In selecting our stocks, we consider the trade-off between quality, growth and value. Our primary consideration is the quality of a business and its ability to deliver positive earnings surprise relative to expectations," said Paul.
Since inception to 31 March 2012, BAEP's three funds have enjoyed strong performance:
BAEP was established by Paul Cuddy and Mark East in 2008, in partnership with Bennelong Funds Management, who provides the team with back office infrastructure such as compliance, finance, marketing and sales support.
Performance figures are net of investment fees, administration fees and gross of any earnings tax.
# Inception date 30 January 2009
* Inception date 30 January 2009
^ Inception date 2 November 2009