In London overnight, International Finance Magazine (IFM) has named the $12 billion La Trobe Financial as Best Asset Manager – Australia and Best Wealth Management Company – Australia. This marks the 7th consecutive year that La Trobe Financial, Australia’s leading specialty asset management and finance platform, has been recognised in these prestigious global awards. It comes against the backdrop of La Trobe Financial’s sector-leading performance through the 2020-21 COVID-19 pandemic and consequent market disruption.
The IFM awards have become well-known for their holistic assessment of manager performance. These particular awards recognise managers displaying the highest standards of corporate social responsibility and governance, in addition to their outstanding performance in their respective sectors.
Chris Andrews, La Trobe Financials Deputy CEO & Chief Investment Officer stated that:
“La Trobe Financial is Australia’s oldest and largest specialty asset management and finance platform. Since 1952 we have made it our purpose to assist Australians achieve their financial goals. These awards are a real tribute to the tremendous efforts of our exceptional and experienced team. When markets turned volatile in March and April last year, they leaned in as they always do and put our customers’ needs first. This type of effort has built a genuinely deep reservoir of trust with all of our investors and won our business the reputation of being good stewards of investor’s capital.”
The $5.7 billion La Trobe Australian Credit Fund offers investments focused first on capital preservation and second on premium, low-volatility income. The Fund’s performance in times of low interest rates continues to attract attention across the market. Its $4.5 billion flagship 12-month term account has outperformed peers since inception in 2002 and Money magazine has judged it the Best Credit Fund in Australia for the past 12 years. The Credit Fund’s $500 million Peer to-Peer investment offering is Australia’s largest and most robust and the only one rated in Australia.
About La Trobe Financial
Established in 1952 and with $12 billion of assets under management, La Trobe Financial is one of Australia’s leading diversified wealth managers, specialising in funding and investment solutions. La Trobe Financial has been a proven and trusted investment partner for institutional and retail investors, operating Australia’s largest retail Credit Fund with $5.6 billion in assets under management and 55,000 retail investors. La Trobe Financial has over 5,100 distribution points across its two growth engines. Wealth products are distributed through 1,600 advice practices and loans are distributed through 3,500 brokers. La Trobe Financial is 80% owned by Blackstone, one of the world’s leading investment firms with more than US$649 billion of assets under management worldwide, and 20% owned by management.
La Trobe Financial is regulated by the Australian Securities & Investments Commission (ASIC) and holds the requisite regulatory AFSL and ACL to operate the Credit Fund, place RMBS issuances, and provide credit services.