The 35th annual Fund Manager of the Year Awards ceremony was held tonight (Thursday, 22 June 2023) at The Star in Sydney, with the support of research partner Lonsec (steered by executive director, Lonsec Research at Lonsec, Lorraine Robinson).
A total of 21 winners were chosen as recipients of three individual and 18 group awards this year, out of a pool of 96 finalists.
Franklin Templeton Australia walked away with the coveted Fund Manager of the Year award trophy this year.
Hundreds of members of the fund management industry attended the awards this year to celebrate with their colleagues, cheer their peers, and network with leaders of the industry.
Economist Stephen Koukoulas assumed emcee duties at the awards ceremony and provided light and laughter throughout the evening while providing insights about the economy and the Australian fund management industry.
The Fund Manager of the Year Awards are Australia’s longest standing independent and whole-of-market fund awards.
The awards program comprehensively covers the industry’s top performers, including senior professionals, top fund managers, boutique funds, new entrants, as well as the rising stars and leaders of tomorrow.
As research partner for the awards, Lonsec Research took a rigorous approach to selecting and evaluating the nominees in each of the 18 group award categories. Lonsec’s team of analysts identified each of the nominees, before collectively choosing the winner of each category.
Commenting on this year’s awards, Ms Robinson said: “It has been an honour to partner with Money Management for this year’s Fund Manager of the Year Awards.
“Franklin Templeton is a worthy recipient of Fund Manager of the Year as it has a strong heritage in the Australian market across numerous asset classes and has been at the forefront of innovations such as ESG and sustainable investing.
“Congratulations to Franklin Templeton and all the other winners and nominees in this year’s awards.”
To determine the winners of the three individual awards, finalists’ submissions were delivered to a panel of respected judges that included professional leaders and businesses.
This panel assessed each submission against the criteria of each award category, scoring each part of the submission against the category’s criteria, to give an aggregated score.
The combined judging scores for each submission for each category were tabulated, with the highest scoring submission deemed the winner.
Commenting on this year’s winners, Money Management editor Laura Dew said: “I would like to congratulate all the finalists and winners at this year’s awards. It is an outstanding achievement by every manager to be recognised in this way.
“In a difficult market environment characterised by rising interest rates and high inflation, it is testament to their commitment to their investment processes across all market cycles.”