POWERED BY MOMENTUM MEDIA
Mercer funds rated 'highly recommended' by Lonsec
Lonsec has reaffirmed its 'highly recommended' rating of Mercer's multi-manager funds, citing the investment manager's in-depth research and experienced Australian investment team.
Mercer business leader for Asia Pacific Stephen Roberts said the fifth consecutive 'highly recommended' rating from Lonsec represented the research house's high conviction in the Mercer investment process.
"It's a testament to the quality of our underlying investment structures and our strong competitive advantages in people, process and product design," Roberts said.
The rating was also recognition of the diversification that Mercer has built into its investment process over the last 12-18 months, he added.
In its November 2011 Fund Review of the Mercer multi-manager funds, Lonsec also listed Mercer's "innovative approach to portfolio construction and the continued evolution of the funds".
Mercer also designs portfolios that are less reliant on traditional beta sources, and has one of the lowest allocations to the domestic equity market, according to Lonsec.
"Mercer has a preference for high-conviction strategies and aims to avoid over-engineering portfolios by focusing only on those managers where they hold the highest conviction," Lonsec said.
The fund manager is also willing to back new strategies early on and identify the 'next generation' managers, according to Lonsec.
AUTHOR
Recommended for you
The profit-to-member super funds are officially operating as a merged entity, set to serve over half a million members.
Super Review announced 21 winners at the annual Super Fund of the Year Awards, including the recipient of the prestigious Fund of the Year Award.
A research firm has given UniSuper a glowing review, praising its strong leadership and “compact team”, as well as its “creditable governance” structure.
Assistant Treasurer Stephen Jones has defended the government’s plan to modestly cut tax concessions for Australia’s wealthiest superannuation accounts, saying it is a “fairer outcome”.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.57 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
32.09 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
27.42 3 y p.a(%)
