- Firm’s multi-asset solutions also earn “best multisector fund” award for sixth-consecutive year
SYDNEY, 29 November 2018 — Russell Investments was recognised today as the “Best Fund Manager” in Money magazine’s annual Best of the Best awards1 for 2019. The global investment solutions firm also received the Best Multisector Fund award for the sixth-consecutive year, which essentially means the firm provides Australian investors with the most innovative multi-asset solutions to help achieve desired investment outcomes.
“The Best Fund Manager award is a fantastic testament to the exceptional capabilities of our global investment team,” said Jodie Hampshire, managing director for Russell Investments’ Australia business. “We’re committed to delivering the best possible investment solutions to improve financial security for our clients, and such industry recognition tells us that relative to our competitors we’re innovating and delivering robust, best-of-breed solutions. We believe such work will become increasingly important as markets face late-cycle risks, expensive valuations and elevated recession risks towards 2020.”
Ms Hampshire added that the multi-year wins in the multi-sector funds category reflects the firm’s consistent pursuit of new drivers of investment returns, comprehensive risk management, disciplined decision making and dynamic portfolio management.
She credits the following five factors for helping to keep Russell Investments’ multi-asset funds at the top of the industry:
- INVESTOR FOCUSED: Every decision we make is focused on achieving our clients’ investment goals
- INSIGHTFUL: Our portfolios embed extensive market, manager and investment insight
- AGILE: Our multi-asset funds are managed in real time, seeking to capitalise on new opportunities and protect against emerging risks. This is particularly important now as markets are increasingly volatile late in the cycle.
- DIVERSIFIED: We broadly and intelligently diversify, drawing on unique return sources. We are not limited to in-house products or single strategies. At this point in the cycle, we believe a fully diversified approach across multiple assets and strategies globally is the most prudent approach.
- EFFICIENT: We focus on cost minimisation and tax-efficiency—without sacrificing the embedded insight, agility and diversification.
In reporting on this recognition, Money magazine has noted, “Once again Russell heads the winners’ list for the multisector award, as it has done for several years. And for good reason – it is a functional choice for investors seeking a one-stop shop.”
Today’s announcement of Money magazine’s “Best of the Best” awards follows similar industry recognition for Russell Investments last month when the firm received the Professional Planner/Zenith Investment Partner’s ‘Multi-Asset – Diversified’ award for active investing in Australia.
1 The Money award is one of the longest-standing awards in Australia judged by Money and some of Australia’s leading research houses including Canstar, Lonsec, Morningstar, SQM Research, SuperRatings, WhistleOut and Zenith Investment Partners to identify the best financial products, services and investments in the country.
About Russell Investments
With more than 80 years of experience, Russell Investments is a global investment solutions provider, dedicated to helping investors reach their long-term goals. Russell Investments offers investment solutions in 31 countries, manages A$397.1 billion in assets (as of 30 September 2018) and provides consulting services on US$2.4 trillion in assets (as of 30 June 2018). Russell Investments specialises in multi-asset solutions and investment and implementation services with a goal of delivering the best investment strategies, managers and asset classes to its clients around the world.
Headquartered in Seattle, Washington, Russell Investments operates globally with 21 offices, providing investment services in the world’s major financial centers such as New York, London, Tokyo and Shanghai.
Issued by Russell Investment Management Ltd ABN 53 068 338 974, AFS Licence 247185 (“RIM”). This document provides general information only and has not been prepared having regard to your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation and needs. This information has been compiled from sources considered to be reliable, but is not guaranteed. Investing in any Fund has risks. You should consider these risks in light of your objectives, financial situation and needs. Any potential investor should consider the latest Product Disclosure Statement (PDS) for the Fund in deciding whether to acquire, or to continue to hold, an investment in any Russell Investments product. The PDS can be obtained by visiting www.russellinvestments.com.au or by phoning (02)9229 5111. All rights reserved.
First Used: November 2018