Momentum Investments has been recognised by the International Investment Awards for their international investment and asset management arm, Momentum Global Investment Management (MGIM), which was awarded Best International Fund Group in the virtual ceremony held earlier this month.
Now in its 21st year, this esteemed awards ceremony for fund groups offering an offshore range available in the UK, is the longest-running event of its kind.
Ferdi Van Heerden, MGIM CEO, says that receiving this award highlights the value of taking an outcome-based investment philosophy and engaging closely with clients and partners. “Our long-term investment view has proved, time and time again, to keep our clients focused on what matters, and we are honoured to be recognised at an event that celebrates excellence across the full spectrum of the industry – from fintech to IPMI, and trusts to private banking.”
Andrew Hardy, portfolio manager and co-head of research at MGIM, says that the team is delighted to have won an award in such a highly competitive category. “Our team always strives to provide a truly world-class investment offering and so are proud to have received such strong validation from our peers and clients. Such recognition is particularly valuable in a challenging year like this, when we have all had to rapidly adapt to new ways of working together whilst navigating volatile markets.”
This coveted award is the second big win for MGIM this month. The first was at the annual Africa Property Investment (API) Awards - the leading pan-African real estate summit – where the Momentum Africa Real Estate Fund (MAREF) won the 2020 Landlord of the Year award. MAREF is a joint venture between sister companies MGIM in London and Eris Property Group in South Africa.
David Lashbrook, Head of Africa Real Estate at MGIM, says that he is incredibly proud of this accolade, especially considering the challenging Covid-19 landscape. “This recognition affirms the leasing success that we have had in Ghana this year, despite the Covid-related challenges and a tough market pre-Covid.”
During 2020, MAREF have signed leases in Ghana with the following international tenants:
1. MODEC, a Tokyo-headquartered owner and operator of floating production systems in the oil industry,
2. Deloitte USA, who are overseeing the provision of international aid to Ghana, and
3. US Pharmacopeia, a US-based NGO that sets and monitors the standards of pharmaceutical drugs manufactured across the African continent.
“These commercial lease deals can easily take up to a year to close, so we are very pleased that they have been signed. Much credit must be given to fellow Momentum subsidiary, Eris Property Group, who has developed all of MAREF’s properties, and to its subsidiaries Eris Properties Ghana and Eris Properties Mauritius, who manage our properties,” says Lashbrook.
He notes that this latest award sits nicely with the two awards that MAREF won at last year’s API Annual Awards Summit. “Coming off the back of being awarded the Best Green Building for our Mon Tresor Business Gateway in Mauritius, and the Best Commercial Building for our SU Tower in Accra, Ghana, it is great to be acknowledged as the best landlord of 2020,” Lashbrook concludes.
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