Solaris Investment Management has received a 'highly recommended' rating from Lonsec for its Core Australian Equity Fund and the High Alpha Australian Equity Fund.
This is the second consecutive year the fund's Core strategy has received Lonsec's highest rating while the High Alpha strategy also received a Highly Recommended rating after the researcher's initial review.
"Although the team at Solaris was officially established in 2008, we have worked together for many years previously and it was gratifying that Lonsec notes our well-established, high-calibre team to be a key strength," said Denis Donohue, Solaris' managing director.
In its review, Lonsec noted that Solaris' remuneration structure boasts a high alignment of interests. For example, 75 per cent of an analysts' variable remuneration is directly linked to individual performance targets and relative peer group comparisons.
"Pleasingly, no bonuses are paid if the funds underperform the benchmark," it added.
"A 'Highly Recommended' rating reflects our high conviction that the Solaris Funds will achieve their objective and outperform their peers over an appropriate investment timeframe."
The fund manages over $4.5 billion on behalf of retail and institutional investors.
We invite you to watch our latest video featuring Zurich Investments senior investment strategist Patrick Noble.
The question of how to generate a satisfactory return to meet investors' needs is becoming ... Watch video
We invite you to watch our latest video featuring Bell Direct chief executive officer Arnie Selvarajah.
In the video and accompanying article he explains how easily the increasing number of advisers using ... Watch video
It is often said by equity managers with a mandate to scour the entire globe for investment ideas that getting the geographic allocation right in any given year is the most important driver of returns.
That's ... Watch video
We invite you to watch our latest video featuring the head of ANZ ETFS, Kris Walesby.
In it he introduces a new ETF, due for launch later in July, which tracks the Euro Stoxx 50 index of major companies ... Watch video
Financial Standard editor Mark Smith presents a roundup of the week's biggest industry news and executive appointments. In this week's news:
O'Dwyer says life insurance back on the agenda
After being ... Watch video
Get it Daily
FREE to your inbox, get the Financial Standard Daily Email.