Absa Investment Management is proud to announce its latest win at the 24th 2020 Raging Bull Awards recently held in Cape Town. The Raging Bull Awards serve as a platform to provide the Financial and Investment Services industry with an opportunity to honour the leaders of the collective South African investment schemes industry.
The annual ceremony celebrates the top performers across a range of sectors and acknowledges investment managers in terms of top outright performers, best risk-adjusted performers and the best unit trust management companies.
The Absa Property Equity Fund was recognised as the Best South African Real Estate Fund, on a risk-adjusted basis over 5 years as at 31 December 2019. This is the sixth year in a row that the Fund, managed by Fayyaz Mottiar, has achieved this honour. The Absa Property Equity Fund returned 4.46% p.a. over five years and an exceptional 13.32 % p.a. return over a ten year period ending December 2019.
Winning this award certainly reinforces the pedigree of our investment professionals. It also reinforces our commitment to our clients, as we continue to ensure that we deliver superior, risk adjusted returns.
Please join us in congratulating Fayyaz and the team for the excellent contribution towards this achievement!