MSCI, INC. London - April 1, 2016 - MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, including indexes, portfolio risk and performance analytics and ESG research, in association with the Investment Property Forum (IPF), is pleased to announce the winners of its prestigious UK Property Investment Awards for 2016, which recognises the top performing funds classified by type and size band measured over three and 10 year periods.
Malcom Hunt, Executive Director at MSCI, said: "This is the 16th year of the awards and we're delighted to publicly recognise the tremendous performance of these portfolios and their associated teams. They have outperformed their peers over the periods analysed."
Hunt continues: "The awards acknowledge performance and risk management, and those aspects often grab the headlines but they're also recognition of good governance and transparency and we are delighted to see that the number of Data Quality award winners tripled this year to 16 management houses. Congratulations to all the winners."
Determined strictly in accordance with MSCI's globally defined data standards and performance measurement procedures, the awards are based upon independently verified direct real estate investment performance by pension and life funds, unlisted pooled funds, property investment companies and other professionally managed real estate portfolios across more than 250 eligible UK companies and portfolios.
Eligible funds were measured on a quarterly basis by MSCI's Real Estate Portfolio Analysis Service, which provides investors with an independent audit of returns against a relevant market or sector benchmark.
AWARD CATEGORIES & WINNERS
Data Quality Awards
The British Land Company Plc Alpha Real Capital Canada Life Investment Salmon Harvester Opportunity Fund Keills Valad Europe LendLease Real Estate Investments Mayfair Capital Investment Management Limited Picton LaSalle Investment Management TH Real Estate BP Investment Management Limited Threadneedle Portfolio Services Ltd Standard Life Investments Legal and General Property Schroder Real Estate Investment ManagementInsurance Company Life Funds Scottish Widows plc
Fund Manager: Aberdeen Asset Management
Total Return: 17.9% (3 year annualised total return) Number of funds: 14
Total value: £21.3bn
SEGREGATED PENSION FUNDS (ABOVE £100M AND BELOW £500M, DEC 15)
Single Client Mandate (Name Withheld)Fund Manager: LaSalle Investment Management Total Return: 31.6% (3 year annualised total return) Number of funds: 53
Total value: £14.4bn
SEGREGATED PENSION FUNDS (ABOVE £500M, DEC 15)
National Grid UK Pension SchemeFund Manager: DTZ Investors
Total Return: 16.6% (3 year annualised total return) Number of funds: 22
Total value: £27.2bn
BALANCED UNLISTED FUNDS IN THE PROPERTY FUNDS INDEX (ABOVE £100M)
Hermes Property Unit TrustTotal Return: 16.4% (3 year annualised total return) Number of funds: 25
Total value: £24.4bn
OTHER BALANCED UNLISTED FUNDS (ABOVE £100M AND BELOW £1BN)
Martin's Properties Commercial PortfolioFund Manager: Martin's Properties (Chelsea) Ltd. Total Return: 19.9% (3 year annualised total return) Number of funds: 29
Total value: £11.9bn
To be collected by: Paul Nicholson
OTHER BALANCED UNLISTED FUNDS (ABOVE £1BN)
Zurich Assurance Ltd Life Property FundFund Manager: Threadneedle Portfolio Services Ltd Total Return: 17.5% (3 year annualised total return) Number of funds: 21
Total value: £41.4bn
SMALL FUNDS (BELOW £100M)
Canada Life Jersey Property Unit TrustFund Manager: Canada Life Investments
Total Return: 28.0% (3 year annualised total return)
Number of funds: 14 Total value: £759m
SPECIALIST FUNDS IN THE PROPERTY FUNDS INDEX (ABOVE £100M)
Standard Life Investment UK Shopping Centre TrustFund Manager: Standard Life Investments
Total Return: 12.6% (3 year annualised total return) Number of funds: 16
Total value: £12.5bn Benchmark: Shopping Centres
OTHER SPECIALIST UNLISTED FUNDS (ABOVE £100M)
Blackrock Workspace Property TrustFund Manager: BlackRock Investment Management (UK) Ltd Total Return: 34.0% (3 year annualised total return) Number of funds: 28
Total value: £23bn Benchmark: Offices
SPECIALIST LISTED FUNDS
Grainger InvestFund Manager: Grainger Plc
Total Return: 18.4% (3 year annualised total return) Number of funds: 10
Total value: £29.6 Benchmark: Residential
SMALL SPECIALIST LISTED FUNDS (BELOW £100M)
Industrial Real Estate Unit TrustFund Manager: Aberdeen Asset Management
Total Return: 19.6% (3 year annualised total return) Number of funds: 17
Total value: £863m Benchmark: Industrial
THE 10 YEAR RISK ADJUSTED ABSOLUTE RETURN AWARD (2005-2015)
The Lime Property FundFund Manager: Aviva Investors Real Estate
Total Return: 5.9% (10 year annualised total return)
10 year Relative Standard Deviation around that return: 5.0%
Number of funds: 196 Total value: £177.7bn
THE 10 YEAR RISK ADJUSTED RELATIVE RETURN AWARD (2005-2015)
The Crown Estate St. James's FundFund Manager: The Crown Estate
Total Relative Return: 9.0% (10 year annualised relative total return)
10 year Relative Standard Deviation around the benchmark return: 6.0%
Number of funds: 196 Total value: £177.7bn
-Ends-
For more than 40 years, MSCI's research-based indexes and analytics have helped the world's leading investors build and manage better portfolios. Clients rely on our offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research.
Our line of products and services includes indexes, analytical models, data, real estate benchmarks and ESG research.
MSCI serves 97 of the top 100 largest asset managers, based upon P&I data as of December 2014 and MSCI client data as of June 2015.
For more information, visit us at www.msci.com.
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MSCI Inc. issued this content on 01 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 April 2016 10:13:28 UTC
Original Document: https://www.msci.com/documents/10199/bd609f4d-b969-4eee-b58c-b62e9390cd34
