LaSalle wins multiple MSCI awards at European Property Investment Awards
LaSalle is pleased to announce that it is the winner of multiple awards at the 18th MSCI European Property Investment Awards. These are annual awards which recognise European funds that out-performed in each of the major European countries during the three years to December 2015.
In the German Fund category, LaSalle won the award for the best performing specialist fund. In the UK Fund category, it won the award for the best performing balanced fund manager. Across Europe, LaSalle won the award for the best performing Pan-European balanced fund for Encore+.
Simon Marrison, European CEO of LaSalle, commented, “I am thrilled that we have been recognized by the industry for our expertise and management skills across the region. Our European business has delivered outstanding performance due to our rigorous investment process, our expert teams and our commitment to client service. It is this continued strong performance which has resulted in the substantial growth of our business and asset base.”
Determined by MSCI’s standardised performance measurement procedures, the awards recognise independently verified investment performance by pension and life funds, pooled funds, property investment companies and other professionally managed real estate portfolios across the 580 eligible European portfolios.
To be eligible for the annual awards, all funds were measured by MSCI’s Real Estate Portfolio Analysis Service, which provides investors with an independent audit of returns against a relevant market or sector benchmark.
Malcolm Hunt, Executive Director of MSCI, said, “These awards objectively recognise the best performing balanced and specialist funds in each country. Out-performance over a three-year period is an outstanding achievement and our congratulations go to each management team involved.”