Munro Partners has been awarded the 2018 Money Management/Lonsec Fund Manager of the Year Emerging Manager Award for its Munro Global Growth Fund.
Munro Partners was formed in 2016 by chief investment officer Nick Griffin, chief executive officer Ronald Calvert, and chief operating officer Jonathan Spensley. Its distribution capabilities were boosted in 2017 after forming a partnership with Grant Samuel Funds Management.
The Munro Global Growth Fund aims to provide investors with meaningful, risk-adjusted, absolute returns through exposure to global growth equities over a medium to long-term horizon.
GSFM CEO Damien McIntyre, said the Money Management Emerging Manager award recognises the early success of the fund, which has an approach unlike any of its peers.
“Munro Partners’ investment philosophy focuses on the simple task of identifying and investing in companies that have the potential to grow at a faster rate and on a more sustainable basis than the peer group,” Mr McIntyre said.
“It identifies sustainable growth trends that are under-appreciated, not well understood and mispriced by the market – and the stocks that are winners and losers as a result.
“Short selling is undertaken as part of the investment strategy to benefit from falling securities prices and is not used as a portfolio hedging tool, and the fund has a strong emphasis on risk management and capital preservation.”
When announcing the award, Money Management said Munro Partners founder Nick Griffin is “well known in long / short circles”.
“Griffin stands out locally as a growth minded long / short investor,” the publication said.