Raging Bull Awards recognises Nedgroup Investments
31 January 2014
Nedgroup Investments
Nedgroup Investments was placed third overall at the annual Raging Bull awards in the ‘Domestic Management Company’ category, held in Cape Town on 29 January.
"This is the fifth year in a row that we have been placed in the top three which is a phenomenal achievement of consistency. Most importantly it shows that we have delivered on our number one priority of achieving good long-term performance for our clients,” said Nic Andrew, head of Nedgroup Investments.
"These awards are a testimony to our ‘best of breed’ philosophy where we partner with independent managers who we believe have a sustainable edge. We have been consistently applying and refining the process for the past decade.”
Over the years, Nedgroup Investments has won a large number of individual awards for specific fund performance. At the 2014 Raging Bull awards, the company won a further five awards:
• Best Performance (risk adjusted basis) in short-term interest bearing – Nedgroup Investments Core Income Fund managed by Taquanta
• Best Performance in Real Estate Category – Nedgroup Investments Property Fund managed by Grindrod
• Best Performance in Small Companies Category – Nedgroup Investments Entrepreneur Fund managed by Abax
• Best Performance in Resources Category – Nedgroup Investments Mining and Resources Fund managed by Prudential
• Best Performance in Financials Category – Nedgroup Investments Financials Fund managed by SIM
Another recent highlight for Nedgroup Investments was that the manager of their Global Flexible Fund, First Pacific Advisors (FPA), was named Morningstar US Asset Allocation Fund Manager of the Year. "FPA was appointed as a best of breed manager in June 2013 and this has strengthened our global best of breed offering,” said Andrew.