Australian Retirement Trust (ART), one of Australia’s largest superannuation funds, has been awarded “Fund Manager of the Year - Multisector” at the 2023 Morningstar Australia Awards.
Morningstar recognised ART for its established and capable team with the ability and scale to invest in long-term assets that aren’t easily obtainable.
As per Morningstar, the longer-term performance has been sound; while the nearer-term uptick has largely come via unlisted assets, additional internal scrutiny over valuations provides some reassurance. Overall, the asset-allocation process is suitably thorough and robust.
ART’s Chief Investment Officer, Ian Patrick said the award recognises the Fund’s continued focus on delivering the best possible retirement outcomes to its 2.2 million members.
“Australian Retirement Trust is a fund that works for members to deliver strong returns to enable a more confident retirement. This prestigious award recognises our commitment to investing in a cost-effective and resilient way over time to deliver that objective,” Mr Patrick said.
“We’re very proud to have been acknowledged, especially leading up to the Fund’s first birthday this month. It’s a reflection of the hard work and dedication of the whole team and evidence of how we’ll continue to use our scale and expertise to invest members’ savings to help them to retirement well with confidence
“It’s also worth noting that this is the first year a super fund has been nominated at the awards, or won, which is truly a testament to the world class investment capability of ART’s investment team.”
The Morningstar Awards are designed to recognise and celebrate the best of the Australian fund management profession. Award winners are selected based on a combination of qualitative research by its manager research analysts; risk-adjusted returns over medium to long-term periods; and performance in the 2022 calendar year.