La Trobe Financial picks up prestigious title

The fund manager’s Pooled Mortgages Option was crowned Australia’s Best Mortgage Fund by finance journal Money Magazine.

La Trobe Financial chief investment officer Chris Andrews said the award is testament to the group’s long-running business strategy.

“We are delighted to receive our seventh consecutive Best of the Best award. It is vindication of a focused business strategy that has been developed over a period of more than 63 years,” he said.

“We have adopted this philosophy in managing $10 billion for institutional investors without loss since 1952 and have applied it with equal force to our retail offerings.

“For this reason, our proudest achievement is that we have never lost a cent of capital for any of the investors in our pooled investment options, nor have we had to freeze or restrict redemptions.”

La Trobe Financial’s credit fund also picked up the Best Mortgage Fund Australasia title at the recent International Finance Awards.

La Trobe Financial also took out the Best Investment Management Company title at the same awards.

[Related: Scottish Pacific receives global recognition]