Real Income wins Money Management/Lonsec Retirement and Income Category Award for 2019
The Legg Mason Martin Currie Real Income Fund was named ‘Fund Manager of the Year’ – Retirement and Income – Winner – 2019 at the annual Money Management/Lonsec Awards ceremony held on 16 May in Sydney, Australia
23 May 2019
The award recognises Martin Currie Australia’s Real Income strategy’s strong performance in 2018 despite the challenging market conditions.
Martin Currie Australia Portfolio Manager, Ashton Reid said:
“We are very proud that our strategy has been acknowledged by the Money Management/Lonsec Awards in the Retirement and Income focussed category because the strategy was specifically designed to provide a growing and sustainable income stream for retirees.”
“Investors often worry about movements in the value of their investments, and the strategy delivered particularly well during periods of market volatility like during 2018. The low correlation to the business cycle, and the dividend stability of real assets have helped deliver a steady, low volatility income stream for clients, and this is what matters most for maintaining your lifestyle in retirement.”
Commenting on the win, Kimon Kouryialas, Head of Pan Asia Distribution for Martin Currie said:
“We are proud that our income strategies have, by design, continued to deliver for our clients. We are delighted that this has been recognised by the industry, and we are honoured to have been selected from a nomination group of strong and talented managers.”
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