Australia’s inaugural Alpha Managers named
Eleven Australian fund managers have made the grade to be named on the inaugural list of FE fundinfo/Money Management Alpha Managers.
In any given year there are fund managers who outperform their peers and, indeed, Australia has a handful of fund managers whose reputations are such that they have garnered a certain celebrity status but Alpha Manager status recognises career-long performance.
And the bottom line is that when FE fundinfo, the parent company of Money Management, looked at the top 10% of Australia’s retail-facing managers based on their track records over their careers, the following eleven managers emerged as Australia’s inaugural Alpha Managers.
What stands out from the list, is that while it contains some well-known and much-publicised names such as that of Magellan’s Hamish Douglas and Coolabah Capital’s Christopher Joye it also contains some less well-known managers who have clearly been quiet achievers.
Importantly, amongst those quiet achievers is UBS Asset Management’s Anne Anderson, making her Australia’s first female Alpha Managers
To determine the ratings, FE fundinfo looks at a manager’s ability to create risk-adjusted alpha, outperformance in both rising and falling markets, and those who consistently beat their benchmarks.
Commenting on the launch of Alpha Managers in Australia, FE fundinfo Australia managing director, Mika-John Southworth said that the Alpha Managers concept was well-established and well-recognised in the United Kingdom, with some of Britain’s best-known managers had been recognised.
“We think the launch of the Alpha Managers in Australia represents a natural extension of what has been achieved in the UK and suitable recognition of the depth of experience which exists in the Australian funds management industry,” he said.
The Alpha Managers exercise will be the subject of a rebalance every 12 months.
Recommended for you
Blackwattle Investment Partners has hired a management trio from First Sentier Investors – who departed amid the closure of four investment teams last year – to run its first equity income offering.
Private markets manager Fortitude Investment Partners has launched an evergreen small-cap private equity fund.
After passing $300 billion in funds under management, Betashares is forecasting the Australian ETF industry could reach $500 billion by the end of 2028.
Ausbil is to expand its active ETF range with two ASX-listed launches, one focusing on global small caps and one on listed infrastructure.
