Coronation Fund Managers has taken a top fund house award for the second year in a row.

Coronation was named Best Fund House – Large Range at the 2012 Morningstar South Africa Fund Awards.

The fund management house also received three individual fund awards for the Coronation Market Plus, Coronation Balanced Defensive and Coronation Strategic Income funds for best performance in their respective categories.

The awards, held in Cape Town, recognise retail funds and fund groups that have added the most value within the context of their relevant peer group over the past year to 31 December 2011 and over the longer term.

Coronation head of Personal Investments, Pieter Koekemoer, said: “The most pleasing aspect of receiving the Large Fund House award for the second year in a row is that it confirms our consistent delivery on our promise to investors to add value across different mandates and risk budgets over the long term.

“We believe in providing a fund range that relies on a single investment philosophy and process.”