La Trobe hailed Australia's best wealth manager

by Gerv Tacadena26 Nov 2020

Non-bank lender La Trobe Financial has been named Australia’s ‘Best Investment Management Team’ by the Capital Finance International magazine, based in London.

In choosing the company as the top dog in the wealth management space, Capital Finance International took into consideration several factors including customer service, contribution to economic growth, transparency, financial performance, corporate governance, innovation and risk management.

Chris Andrews, chief investment officer at La Trobe Financial, said the recognition reflects the commitment of the group to providing support and services to investors, even throughout the economic volatility caused by the COVID-19 outbreak.

"We are committed to being good stewards to out investors' capital.  It has never been more important for our customers to know that they can trust us with their hard-earned savings, " he said.

La Trobe, which is 80% owned by Blackstone, currently has $11bn of assets under management.

"To be acknowledged is a testament to the breadth of experience in the team and our highly disciplined approach. We recognise that this has been a difficult year for investors and we remain focussed to deliver consistent returns, whatever the economic cycle," Andrew added.

Over the past five years, La Trobe Financial has been able to deliver over $596m in interest income to over 50,000 investors in its Credit Fund.

Commenting on the recognition, Greg O'Neill, president and CEO of La Trobe Financial, said: "Our team is truly focused on making a difference in people's lives by helping them achieve their investment goals through Credit Fund accounts that are low in volatility and provide a regular monthly income. This is recognition is a testament to their hard work."

La Trobe Financial has also been recognised by other institutions in 2020. Early this year, it was named as the Best Non-Bank Financial Institution by Money Magazine.

Its flagship 12 Month Term Account has also been recognised as Australia's Best Credit Fund - Mortgages for the past 12 years by Money Magazine. It was also the highest rated credit fund by Australia Ratings, Lonsec, Zenith Investment Partners, and SQM Research.