annual report 2011
annual report 2011
annual report 2011
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IOOF | <strong>annual</strong> <strong>report</strong> <strong>2011</strong><br />
Investment management<br />
$’m 2010/<strong>2011</strong> 2009/2010 * Change on prior year (%)<br />
Revenue 132.4 128.1 3.35%<br />
UNPAT pre amortisation 37.5 33.5 11.94%<br />
Average FUA ($’b) 32.0 29.6 8.11%<br />
* the 2009/10 period has been reclassified to conform with this year’s presentation<br />
About the division<br />
IOOF offers multi-manager products that are easy to understand with well-rounded investment options across a range of asset<br />
classes. Through Perennial Investment Partners, Australia’s leading boutique investment house, investors can access investments in<br />
Australian shares, international shares, Australian listed property, global listed property, fixed interest and cash.<br />
Activities<br />
Multimanager<br />
• Improved rating from Lonsec Research. Funds now have a “Recommended” rating.<br />
• Initiated Chant West rating of IOOF multimanager funds. Awarded a (4) four Apples rating on multimanager funds.<br />
• Merger of United and Multimix sector funds completed.<br />
• Integration of United and Multi Mix diversified funds nearing completion.<br />
Perennial Investment Partners Limited<br />
• The Australian Catholic Super Superannuation and Retirement Fund awarded Perennial a $100 million global equities mandate.<br />
• Perennial received a number of awards this year. Most notably:<br />
––<br />
Winner: 2010 Golden Bull Fixed Interest Award<br />
––<br />
Finalist: 2010 Golden Bull Australian Listed Property Securities Award<br />
––<br />
Winner: Money Management/Lonsec Fund Manager of the Year <strong>2011</strong> Australian Equities (Small Caps)<br />
––<br />
Winner: Morningstar 2010 Fund Manager of the Year, Domestic Equities - Small Caps Australia.<br />
Lonsec<br />
The Lonsec Limited (Lonsec) ABN 56 061 751 102 rating (assigned December 2010) presented in this document is limited to general advice and based solely on consideration<br />
of the investment merits of the financial product(s). It is not a recommendation to purchase, sell or hold the relevant product(s), and you should seek independent financial<br />
advice before investing in this product(s). The rating is subject to change without notice and Lonsec assumes no obligation to update this document following publication.<br />
Lonsec receives a fee from the fund manager for researching the product(s) using comprehensive and objective criteria.<br />
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