Aus non-bank receives recognition in London


La Trobe Financial, a Blackstone Portfolio company, received two international recognitions in London for its growth.
It was recognised as “Best Non-Bank – Australia” and also awarded “Best Investment Management Company – Australia”.
It was awarded by International Finance Magazine who recognised fund managers which display excellence in the finance industry and organisations that deliver the highest standards of innovation and performance.
International Finance is a UK based organisation operated by UK’s International Finance Publications Ltd, which focused on emerging markets and the Asia Pacific region.
It was the third consecutive time they had received the “Best Non-Bank in Australia” award and the sixth consecutive time they had won the “Best Investment Management Company in Australia” award.
Recommended for you
Lonsec and SQM Research have highlighted manager selection as a crucial risk for financial advisers when it comes to private market investments, particularly due to the clear performance dispersion.
Macquarie Asset Management has indicated its desire to commit the fast-growing wealth business in Australia by divesting part of its public investment business to Japanese investment bank Nomura.
Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm.
The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.