Martin Currie Diversified Growth Wins Financial Standard Investment Leadership Award
27 December 2017
Martin Currie Australia has been awarded Best Multi-Asset Growth Sector Manager in the inaugural Financial Standard Investment Leadership Awards. MCA was also a finalist in the Australian Listed Property sector.
The awards, which quantitatively analysed 120 investment managers and more than 900 strategies, recognise strategies that have persistently delivered outstanding investment solutions and outcomes. The quantitative methodology combines performance factors with five different risk measures.
Reece Birtles, Chief Investment Officer and lead-portfolio manager for the Diversified Growth strategy, said:
"We are honoured to have been selected from a talented group of multi-asset growth managers shortlisted for these Awards.
The top-quartile performance over the 1, 3, and 5-year periods versus our peer universe* highlights how our Diversified Growth strategy has been able to perform across the cycle, and maximise returns for our medium to long-term accumulation investors#.
Chief Investment Officer, Martin Currie Australia
MCA has a 40-year pedigree in managing balanced funds in Australia. Diversified Growth gathers the investment capabilities of a unique line-up of best of breed fund managers from the Legg Mason group into one fund, with MCA responsible for asset allocation and manager selection. Alpha is aligned to where our strength lies – selection of the right strategies and strategy skill. We believe that the most efficient alpha capture then comes from active security selection."
MCA has grown to be one of Australia’s largest independent active asset managers, and the Diversified Growth and Property Securities strategy forms part of MCA’s client outcome focussed solutions totalling A$15 billion in assets under management (as at 30 September 2017).
For further details, please see the Financial Standard Investment Leadership Award announcement.
*Past performance is not a guide to future returns. Source: Martin Currie Australia, Morningstar; as at 30 September 2017. Data calculated for the Legg Mason Martin Currie Diversified Growth Fund in A$ net of management fees and the Morningstar Australia OE Multisector Growth peer group. Periods over a year are annualised.
#MCA also offer a retiree-focussed multi-asset strategy, Diversified Income.