BAEP wins Australian large cap equities award

Quay wins global property award
May 22, 2018
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May 22, 2018

MEDIA RELEASE

Bennelong Australian Equity Partners (BAEP) has taken out the 2018 Money Management/Lonsec Fund Manager of the Year Award for the best Australian Large Cap Equities Fund.

The award-winning fund, the Bennelong Concentrated Australian Equities Fund, has provided strong returns over time. Since the fund’s inception, it has returned 18.1% per annum compared to the benchmark’s return of 10.6% over the same time period. Over the past year, it has returned 19.6% compared to the benchmark’s return of 5.7% (returns are as at 30 April 2018 and the fund’s benchmark is the S&P/ASX 300 Accumulation Index).

The fund is concentrated in BAEP’s highest conviction stock picks, typically holding 20-30 stocks selected from across the ASX. BAEP manages the fund using a research-intensive and risk-focused investment approach that emphasises companies with strong fundamentals.

BAEP’s CIO, Mark East, said the fund’s success came down to a focused investment approach and the discipline, focus and hard work of the investment team in executing it.

“This award pays tribute to the consistent effort of our investment team and the strong returns we’ve been able to achieve for our clients,” said Mr East.

In presenting the award to BAEP, Money Management said the fund had a strong and consistent track record of outperformance and historic resilience in tough markets.

BAEP was founded in 2008 by Mr East in partnership with Bennelong Funds Management. It now manages five Australian equity funds, all employing the same proven investment approach. The Bennelong Concentrated Australian Equities Fund was one of BAEP’s first funds, incepted in January 2009, and will celebrate its 10th anniversary next year.

 

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