INDEPENDENT NEWS

Trust Management Property Team wins RICS award

Published: Tue 19 May 2015 03:54 PM
Trust Management Property Team wins RICS Fund Management Team of the Year Award
- Vote of confidence in fund approach and consistent market outperformance -
Trust Management’s Property Team confirmed its status as industry-leading fund managers with the news that they won last night’s Fund Management Team of the Year Award at the 2015 Royal Institute of Chartered Surveyors (RICS) Awards.
Beating off stiff competition from a number of high profile fund management teams, the Trust Management Property Team picked up the award from RICS Global President Dr Louise Brooke-Smith at BECA Auckland.
Garry Anderson, Property Investment Manager, said that the RICS award is a major endorsement of Trust Management’s market-leading position in the Fund Management sector.
“The two funds we nominated for the awards lead the most rigorous of rankings: the IPD NZ retail, Office and Industrial Universe (Properties <$20m). In 2014, one is number 1 and the other is number 2 based on 10 year total returns.
“This award therefore confirms Trust Management’s role in providing long term, benchmark-leading fund performance. It is a particularly satisfying win for us as RICS is all about excellence, professionalism and achievement, three things we consistently aim for in our work.”
“The award recognises that although we are not the biggest fund out there, we specialise in single client mandates that offer an asset allocation to direct property, consistently outperforming the market and providing long-term, sustainable returns.
“Fund management is not a one-year game for us. Our investors deliberately seek out long-term strategies, and we measure - and are measured against - long-term performance. We believe that consistent long-term outperformance is harder to achieve than stellar one year highs. Our combination of seasoned experience through property cycles, coupled with our strong analytical bias, enables us to execute the Funds’ property strategies to outperform all our peers, including the large listed property companies, over the long term.”
ENDS

Next in Business, Science, and Tech

Sailors To Revolutionise Our Understanding Of Pacific Biodiversity
By: Citizens of the Sea
Making A Splash With Online Safety: Netsafe Launches New Flagship Programme For Kids
By: Netsafe
Flood Resilience PhD Student Widi Auliagisni Named Future Thinker Of The Year 2024
By: NZGBC
European Free Trade Agreement A Game-changer For Canterbury
By: Business Canterbury
Business Canterbury Urges Council To Cut Costs, Not Ambition For City
By: Business Canterbury
Wellington Airport On Track For Net Zero Emissions By 2028
By: Wellington Airport Limited
View as: DESKTOP | MOBILE © Scoop Media