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LA TROBE FINANCIAL WINS DUAL INTERNATIONAL FINANCE AWARD

Announcement posted by La Trobe Financial 20 Nov 2014

On Tuesday, 18 November in the UK the renowned International Finance awards were held.

The black tie awards, by invitation only event, was held at the exclusive Jumeirah Carlton Towers Hotel, in central London. The event was attended by over 200 people covering global financial institutions, banks, fund managers and insurance companies representing 92 countries around the world.

Australia was represented in the winner’s circle at the event by the usual candidates, but this year one of Australia’s largest mortgage funds, Credit Specialist Fund Manager La Trobe Financial stole the show and picked up the Award for Best Investment Management Company, and picked-up a second award winning the regional Best Mortgage Fund Australasia.

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”.

How did they do it you ask? Well this seemingly low key, notoriously private company, has been operating continuously since 1952, managed retail and institutional investment mandates in excess of A$10 billion, generates annual revenue of A$111m (2013:A$108m), and has 133 staff deployed to offices based in Melbourne, Sydney and Shanghai. This is not the first international recognition for La Trobe Financial 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 Greg O’Neill at the London event was La Trobe Financial’s Vice President and Head of Institutional Mandates Martin Barry, who when asked to explain this recent rise from the shadows for the group stated:

… “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. We like this position and we hold a strong conviction about remaining very adaptable to operating successfully with our investors both locally and on a global basis”.

Back in its Australian base this credit specialist fund manager has also been judged Best Mortgage Fund in Australia by Australia’s personal finance journal Money magazine for five consecutive years (2010, 2011, 2012, 2013 and 2014); its operations are very well regarded and externally rated by Zenith, SQM, Lonsec and Australia Ratings.

It looks as though this local Australian success story is now punching above its weight internationally and has the depth of people and resources to continue to do so well into the future.

La Trobe Financial will be making further announcements shortly about operations in the UK.

Visit http://www.latrobefinancial.com.au for more information.

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