Australian credit specialist lender wins big at international awards night

by Julia Corderoy20 Nov 2014
La Trobe Financial has won big at the International Finance Awards held in London, picking up the award for Best Mortgage Fund Australasia and Best Investment Management Company.

The event was attended by over 1,200 people covering global financial institutions, banks, fund managers and insurance companies representing 92 countries around the world.

In London to receive the awards, La Trobe Financial’s President & CEO Greg O’Neill said, “Our core values and a thorough understanding of the business environment all play a significant factor in our success. We are very proud to accept these further international Awards on behalf of our dedicated staff who daily go about their business of being guardians of other peoples’ life savings – a role we take with great pride and responsibility.”

La Trobe, which has been operating since 1952, has managed retail and institutional investment mandates in excess of A$10 billion and has generated an annual revenue of A$111m this year. This is not the first international recognition for the credit specialist either. In February of this year it picked up two consecutive International Alternative Investment Review (IAIR) Global Awards - Excellence in Mortgage Fund Management (2013 & 2014) and in 2013 Excellence & Innovation in Australia Mortgage Management.

Accompanying O’Neill at the London event was vice president and head of institutional mandates Martin Barry, who explained the company’s seemingly overnight success.

“After 62 years it appears we are an overnight success, but in reality it has taken decades to build. We now boast the largest retail mortgage funds operation in Australasia, a growing China operation showing significant opportunities for expansion, and a broad recognition from much larger peers of being a leading innovator of specialist credit.”