“Northcape’s core fund has been running for 15 years now. We are humbled and delighted to receive this acknowledgement of our long-term performance,” says Craig McCourtie, a founding director of Northcape.
“The principles and philosophy of Northcape were driven by Rob McWilliams, our founding chairman, who believed very strongly that culture drives performance and that we should never lose sight of the fact that we are investing the money that people will be relying on to live off when they retire.”
It is tremendously rewarding to be recognised with this award, and we are especially thankful to our clients and the consultants who have supported us for many years.
Well done to our Australian equity team!
We are pleased to announce that Northcape Capital has won the ‘2019 Golden Bull Award’ for best Australian Equity Strategy category at the prestigious Australian Fund Managers Foundation.
The 20th anniversary of the Australian Fund Manager Awards was a sell-out event held on Thursday 17 October 2019 at the Ivy Ballroom in Sydney. The event was a great night of industry recognition celebrating the best of the best from the funds management industry. The event also significantly contributed to the two charities supported on the night – the Sydney Children’s Hospital and Odyssey House NSW.
This was the first time our Core Australian Equity strategy has been nominated for a leading industry award. The nomination criteria are performance, consistency to process and fund size. At 30 September 2019, our Core fund was the #1 long only Australian equity fund over 1 year (outperforming by 4.5%) and 3 years (outperforming by 3.6%) and ranks in the top quartile over the 5 years against a very strong peer group.