Provided by Mercer: 18/8/08
Mercer has been awarded Money Management/Lonsec’s ‘Fund Manager of the Year’ in the Multi-Manager category at its annual awards night on 8 May 2008.
While Mercer has long been recognised as a provider of administration, investment consulting, retirement and actuarial services, the award recognises the capabilities of Mercer’s investment management business in Australia that manages a total of $14 billion in multi-manager portfolios.
The three finalists for the multi-manager award were: MLC, Mercer and Russell.
The winner was decided based on a voting process by Lonsec’s research team, with voting based on managers that have performed strongly in their category in 2007 and who are considered well positioned to deliver superior performance in the future.
In its 2007 review of Australian Multi-Managers, Lonsec awarded Mercer its highest possible rating — ‘Highly Recommended’.
Gary Burke, leader of Mercer Australia's investment management business, said "the award was in recognition of the hard work by Mercer's expert team and their ability to increasingly demonstrate to clients they can add value via manager selection and portfolio design.
"The fact that we have an Australian based team designing portfolios tailored for Australian investors has also contributed to our success. We also have an excellent performance track record in comparison to our peers".
For more information on Mercer's investment team, visit
mgifunds.com.au
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