Ausbil Investment Management Limited is a leading Australian investment manager. Established in April 1997, Ausbil’s core business is the management of Australian and global equities for major superannuation funds, institutional investors, master trust and retail clients. Ausbil manage over $13.7 billion1 in active Australian and global equity investments. Ausbil is owned by its employees and New York Life Investment Management (NYLIM), a wholly-owned subsidiary of New York Life Insurance Company. NYLIM has more than US$500 billion in assets under management. NYLIM has a number of boutique affiliates including MacKay Shields, Candriam Investors Group, Private Advisors and GoldPoint Partners.
Ausbil’s company structure embraces four criteria important in the selection of an investment manager:
- Solid ownership structure providing strong financial integrity to the investment manager;
- Key management incentivised by way of ownership in the business;
- Proven investment processes and performance track record in core areas of expertise with a strong focus on risk management skills;
- An experienced and stable team of investment managers.
The investment philosophy and corporate goals of Ausbil have been formulated to provide a tightly defined and disciplined investment management style that is active and incorporates quantitative inputs and risk awareness. Ausbil’s style pursues the goal of adding value from a clear set of transparent processes that seek to enhance performance, whilst managing risk.
Ausbil is a signatory to the Principles for Responsible Investment (PRI) and has a dedicated environmental, social and governance (ESG) research team who provide an in-house service. ESG research is integrated into Ausbil's investment process. Ausbil believes that a consideration of ESG issues as developed by well-founded ESG research can identify mispriced stocks and assess a company's earnings sustainability. Similarly, engagement on ESG issues can drive long-term value and reduce the risk of value destruction.
Ausbil has monitored and engaged with companies on their corporate governance record and to this extent has historically regarded proxy voting as an important part of its fiduciary duties.
New York Life Investments, a wholly owned subsidiary of New York Life Insurance Company, is a premier investment management firm serving a variety of sectors – retail, institutional, bundled defined contribution and defined benefit, and guaranteed products. New York life Investments is the 30th largest asset management firm in the U.S2.
New York Life collectively hold US$578 billion in assets under management3. Learn more about New York Life Investment Management.
Candriam Belgium SA (known as Candriam Investors Group), specialises in traditional management, sustainable and responsible investment and alternative investment solutions. As at 30 June 2019, Candriam has funds under management of EU$125 billion4. Candriam is a wholly-owned subsidiary of New York Life Insurance Company.
Candriam is a pioneering Sustainable and Responsible Investment (SRI) manager, having been active in this space for over two decades. Candriam takes into account Environmental, Social and Governance (ESG) factors over and above the usual financial criteria applied to investment decisions. Company analysis takes into account not only the various stakeholders (including clients, suppliers, employees and society at large) but also global sustainability trends to which they are exposed (including climate change, demographic evolution, resource depletion and health and well-being). This process helps to identify the long-term opportunities and risks for companies.
Candriam is the Investment Manager of the Candriam Sustainable Global Equity Fund. Learn more about Candriam Investors Group.
MacKay Shields specializes in fixed income and less efficient segments of the global equity markets, where proprietary research and unique portfolio construction techniques can generate attractive client-oriented outcomes.
The firm has 80 investment professionals and manages $154 billion5 in AUM across independent investment teams: Global Fixed Income, High Yield, MacKay Municipal Managers, Convertibles, Leveraged Loans, Systematic Equity and Fundamental Equity. The New York-based firm, wholly owned by New York Life Insurance Company, also maintains offices in Dublin, London, Princeton, and Los Angeles.