Standard & Poor’s Fund Services, in association with Professional Planner magazine, has named BlackRock Investment Management (Australia) its 2009 Fund Manager of the Year.  H3 Global Advisors was named Emerging Manager of the Year, while Macquarie Investment Management picked up the other group award for Product Distributor of the Year.

The 2009 S&P Fund Awards were announced at a business luncheon in Sydney earlier today.

Standard & Poor’s managing director, John Bailey, said that the S&P Fund Awards were one way of acknowledging the quality of investment management capabilities available in Australia.  “At a time of challenging market conditions, it is important that we celebrate our successes. The managers recognised today are those that, in S&P’s opinion, are more likely to outperform as markets turn around.

Leanne Milton, director of fund research, said: “The majority of funds management firms tend to specialise in one or two asset classes and it is often hard to find a fund manager that has strong capabilities across a range of asset classes. S&P considers BlackRock to be an innovative manager with high quality, differentiated products across equities, alternative strategies, multisector, and fixed interest asset classes.

A number of these capabilities reviewed by S&P are rated four and five stars.

“BlackRock continually evolves its investment teams and processes. This progressive culture is complemented by proprietary risk management systems that S&P considers exceptional within the industry,” Ms. Milton continued.

Of Emerging Manager of the Year, H3 Global Advisors, Ms. Milton said: “S&P has been rating the firm since early 2007 and has seen it grow in stature and profile in that time. Although we have seen more elaborate models, there is no doubt of its effectiveness for its purpose, as the funds have outperformed their objectives by wide margins particularly in down markets.”

Winners were announced in eight sectors and three group categories, as follows:


Australian Fixed Interest
UBS Global Asset Management (Aust)
International Fixed Interest (including Diversified)

PIMCO (Equity Trustees)

ING Clarion Real Estate Securities
Alternative Strategies

BlackRock Investment Management (Australia)
Australian Equities – Large Cap

Ausbil Dexia Limited
Australian Equities – Small Cap

Eley Griffiths Group
International Equities – Developed Markets

Walter Scott & Partners Limited (Macquarie Investment Management – Macquarie Professional Series)
International Equities – Emerging Markets

Schroder Investment Management Australia Limited


Emerging Manager of the Year

H3 Global Advisors
Product Distributor of the Year

Macquarie Investment Management (Professional Series)
Fund Manager of the Year

BlackRock Investment Management (Australia)

The methodology for the 2009 S&P Australian Fund Awards is based on a qualitative assessment of specific investment management capabilities within a sector, rather than being based on past performance of individual funds.

For more details on the award winners and award methodology, see the December – January edition of Professional Planner, due out in late November.

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