Hyperion Asset Management has been named Fund Manager of the Year in Morningstar’s Fund Manager of the Year Awards, with all three of its funds consistently outperforming peers in their respective categories.
Hyperion’s flagship fund, the Hyperion Global Growth Companies Fund, delivered a net 39.9 per cent return above the MSCI World Index.
The Hyperion Australian Growth Companies Fund topped the Morningstar Australian equity large cap category, maintaining its top position from the year prior by delivering a net 30.90 per cent return above the S&P/ASX 300 Accumulation Index.
The Hyperion Small Growth Companies Fund, which is gold rated by Morningstar, delivered 23.5 per cent above the S&P/ASX Small Ordinaries Accumulation Index, outperforming all competitors within the small/mid cap category.
Commenting on the award win, Hyperion’s Chief Investment Officer Mark Arnold said: “2020 was a very strong year for us, and we attribute this to our investment methodology which allows us to identify structural growth leaders – companies which can outperform their competition and grow their earnings in all sorts of economic environments, especially difficult ones.”
Deputy Chief Investment Officer, Jason Orthman said: “We invest with the mindset of long-term business owners and back new-world companies that are challenging the status-quo and shaking up industries. These companies thrive in the disrupted world we live in today and they will thrive in the disrupted world of tomorrow.
“Prior to COVID-19, the global economy faced various challenges to economic growth including technological disruption, globalisation, constraints on natural resources, high levels of debt, and an ageing population. These challenges still persist today, and we expect the majority of listed businesses, which rely on overall economic expansion to grow, to really struggle in the years ahead.
“For this reason, we believe an actively managed, high-conviction portfolio of quality listed businesses is the best way to deliver above-benchmark returns into the future.”
This article was originally published in The Australian.