News Details

SYDNEY. 20 February 2025 -- Morningstar Australasia Pty Limited, a subsidiary of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has today announced the winners of the 2025 Morningstar Awards for Investing Excellence in Australia. The awards recognise funds and asset managers that have served investors well over the long term and which Morningstar’s manager research team believes will be able to deliver strong risk-adjusted returns over time.

“With peak inflation, growth uncertainty and ongoing geopolitical uncertainty, the U.S. Elections, 2024 was a challenging year to navigate, even for the best investors” said Matt Olsen, Morningstar Australasia’s Director, Manager Research.

“Despite the turbulent past year, our nominated fund managers demonstrated an ability to deliver quality, high-performing investments and have stood above peers with exceptional returns over the longer term.”

Award finalists and winners are determined by a combination of research by Morningstar's manager research analysts; risk-adjusted medium- to long-term performance track records; and performance in the 2024 calendar year.

The 2025 Morningstar Awards for Investing Excellence award winners in Australia are.

Overall Fund Manager of the Year
Taking out the Fund Manager of the Year in 3 categories, Hyperion Asset Management boasts a superior investment team led by CIO Mark Arnold and Deputy CIO Jason Orthman that support an impressive lineup of strategies that consistently outperform peers and indices. The team’s rigorous fundamental research and a genuine long-term approach continue to shine, keeping them above the pack.

Fund Manager of the Year: Undiscovered Manager
The Vinva Australian Equity strategy is led by Morry Waked and Nick Burt, an experienced and extremely stable team. The fund seeks to use quantitative techniques to systematically outperform the market, using manager skill, breadth and efficient implementation to achieve their objectives.

Fund Manager of the Year: Domestic Equities - Large Cap
The Hyperion Australian Growth Companies strategy is a very concentrated portfolio of high-quality franchises with low levels of gearing and long-term growth potential. The team spearheaded by Mark Arnold and Jason Orthman navigated 2024 exceptionally well with a portfolio tilted towards tech stocks.  

Fund Manager of the Year: Domestic Equities - Small Cap
The Hyperion Small Growth Companies Fund is managed by the highly regarded Mark Arnold and Jason Orthman with their differentiated and peer-leading research insights. Central to the process is detailed bottom-up company research, rigorous financial modelling, and a genuine focus on long-term growth.

Fund Manager of the Year: Global Equities
The Hyperion Global Growth Companies Fund is a very concentrated portfolio of high-quality business franchises with strong long term growth potential. The well-known team, led by Mark Arnold and Jason Orthman, focuses on the long term, whilst avoiding the risk of permanent loss of capital. They have navigated 2024 exceptionally well investing in stocks like Palantir or Spotify.  

Fund Manager of the Year: Fixed Interest
The Yarra Enhanced Income Fund is led by experienced co-heads Roy Keenan and Darren Langer. The strategy has access to one of the largest domestic fixed-income teams. It’s an Australian-oriented credit strategy, comfortable going against the grain and seizing on attractive valuation opportunities when they arise.  

Fund Manager of the Year: Listed Property and Infrastructure
The Resolution Capital Global Listed Infrastructure Fund is widely recognized for their expertise and origins in the global listed property space. Co-portfolio managers Jan De Vos, Sarah Lau and Mark Jones are making great progress in the listed infrastructure sector.

Fund Manager of the Year: Sustainable Investing
The Robeco Global Developed Sustainable Enhanced Index Equity Fund is managed by a team of 6 including Tim Droge, the longest-tenured manager on the strategy. The fund uses proven factors such as value, quality, momentum, and incorporates sustainability via exclusions, ESG integration, environmental footprint targets as well as active ownership.

Fund Manager of the Year: Multisector
UniSuper’s highly credible investment team, led by CIO John Pearce, has been pivotal in developing a robust investment process and fostering a collaborative team environment. UniSuper’s approach focuses on acting decisively when opportunities arise, while maintaining a focus on long-term themes.

Methodology 

These awards are determined by a combination of risk-adjusted medium- to long-term performance track records and Morningstar’s forward-looking rating for funds, the Morningstar Medalist Rating™ including its Parent pillar component. The Medalist Rating is set on a five-tier scale running from Gold, Silver, Bronze, Neutral and Negative at the share class level. 

The winners for the 2025 Morningstar Australia Awards were announced on Thursday 20th February at Hinchcliffe House, Sydney. For more information about Morningstar Awards, visit https://go.morningstar.com/Morningstar-Awards

About Morningstar Australasia Pty Limited and Morningstar, Inc.
Morningstar Australasia is a subsidiary of Morningstar, Inc. (“the company”), a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and solutions that serve a wide range of market participants, including individual and institutional investors in public and private capital markets, financial advisors and wealth managers, asset managers, retirement plan providers and sponsors, and issuers of fixed-income securities. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximatelyUS$328 billion in assets under advisement and management as of Sept. 30, 2024. The Company operates through wholly- owned subsidiaries in 32 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on X (formerly known as Twitter) @MorningstarInc 

Morningstar’s Manager Research Group  
Morningstar’s Manager Research Group consists of various wholly owned subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC. Morningstar Manager Research provides independent, fundamental analysis on managed investment strategies. Morningstar views are expressed in the form of Morningstar Medalist Ratings, which are derived through research of three key pillars—People, Process, and Parent. The Morningstar Medalist Rating is the summary expression of Morningstar’s forward-looking analysis of investment strategies as offered via specific vehicles using a rating scale of Gold, Silver, Bronze, Neutral, and Negative. A global research team issues detailed research reports on strategies that span vehicle, asset class, and geography.

Medalist Ratings are not statements of fact, nor are they credit or risk ratings, and should not be used as the sole basis for investment decisions. A Medalist Rating is not intended to be nor is a guarantee of future performance. This press release is for informational purposes only; references to securities should not be considered an offer or solicitation to buy or sell the securities.

The Awards are copyrighted to Morningstar. Fund managers may not publicise the Award(s) without the prior written consent of Morningstar.

Morningstar Medalist Ratings and Award nominees and winners are subjective in nature and should not be used as the sole basis for investment decisions. Morningstar Medalist Ratings are based on Morningstar’s current expectations about future events and therefore involve unknown risks and uncertainties that may cause Morningstar’s expectations not to occur or to differ significantly from what was expected. Morningstar does not represent its Morningstar Medalist Ratings to be guarantees nor should they be viewed as an assessment of a fund’s or the fund’s underlying securities’ creditworthiness. The references above should not be considered a solicitation by Morningstar to buy securities.

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Media Contact: Christine St Anne, 61 407 915 145 or christine.stanne@morningstar.com