Aviva Investors today announced that its Quercus Healthcare Property Fund has won the award for Specialist Pooled Funds and Traditional Estates at this year’s IPD/IPF Property Investment Awards.
Aviva Investors today announced that its Quercus Healthcare Property Fund (“Quercus”) has won the award for Specialist Pooled Funds and Traditional Estates (above £500m, December 2010) at this year’s IPD/IPF Property Investment Awards. This is the second consecutive year that Aviva Investors has won an award in this category.
Quercus, a fund managed by Aviva Investors and Quintain Estates and Developments plc, was launched in December 1998 to invest in healthcare facilities throughout the UK and is managed by Sian Humphrey. The assets are sub-divided into those focusing on nursing/care for the elderly and care of younger adults with learning disabilities or specialist needs. Aviva Investors manages the fund while Quintain is responsible for the management of the assets within the portfolio.
Now in its 11th year, the annual awards are determined by IPD using standardised data. They recognise independently verified investment performance by pension and life funds, pooled funds, property investment companies and other professionally managed real estate portfolios in the UK. The awards recognise superior property return performance across 10 categories based on fund type and fund size.
Commenting on the award, Ian Womack, chief executive real estate, said: “This is an excellent achievement and we are extremely proud that the Quercus fund has won this award for the second year in succession. Together with our partners, Quintain, we have focused on providing our clients with a specialist fund that can act as a good inflation hedge and provide them with a steady stream of income.
“While we are actively developing our global capabilities, we continue to demonstrate our expertise in the UK and recognition such as this demonstrates our position as a market leader in the real estate sector.”
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For more information contact:
Kaidee Sibborn
Corporate Affairs
+44 (0)20 7809 8759
Notes to editors:
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Aviva Investors
Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with assets under management of almost £260 billion at 31 December 2010.
Aviva plc
Aviva is a leading provider of life and pension products in Europe (including the UK) with substantial positions in other markets around the world, making it the world's sixth largest insurance group based on gross worldwide premiums at 31 December 2009.
Aviva's principal business activities are long-term savings, fund management and general insurance, with worldwide total sales* of £47.1 billion and funds under management of £402 billion at 31 December 2010.
* Based on 2010 published life and pensions PVNBP on an MCEV basis, total investment sales and general insurance and health net written premiums, including share of associates' premiums.