European Property Investment Awards
The South Yorkshire Pension Fund is proud to have been awarded the IPD European Investment Award for a UK fund at a ceremony held in May. The Award recognises the Fund’s consistently strong performance in this asset class over the last few years. According to IPD “…the winners have outperformed their peers…over three years………it is exceptionally difficult to deliver such outperformance on that timescale…”. IPD’s independent audit has identified the Fund as producing the highest total return relative to the All Property benchmark annualised over the three years to December 2012 for a British pension fund. The Fund also won its asset class in the British awards for 2011 and 2012. The Fund has a direct property portfolio valued at just over £400m.
About IPD
IPD provides real estate benchmarking and portfolio analysis services to clients in over 30 countries around the world. These services incorporate more than 1,500 funds containing nearly 77,000 assets, with a total capital value of over USD 1.9 trillion. Each year, IPD produces more than 120 indices helping real estate market transparency and performance comparisons, as well as nearly 600 benchmarks for client portfolios. IPD is a subsidiary of MSCI Inc., a leading provider of investment decision support tools to investors globally, and clients include real estate investors, managers, consultants, lenders and occupiers. For further information on IPD, please visit www.ipd.com.