Morningstar has today announced the winners of the 2025 Morningstar Australia Awards for Investing Excellence in Australia. The awards, now in its 25th year,  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.

FMOY

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, Phil Strano 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 will be announced Thursday 20th February at Hinchcliffe House, Sydney. For more information about Morningstar Awards, visit https://go.morningstar.com/Morningstar-Awards