Property fund manager and investor First Property Group PLC (LON: FPO) has announced that its UK Property Pension Portfolio fund has been awarded best “Small Specialist Fund” by indexes and analytics provider MSCI as part of its annual UK Property Investment Awards 2017.
The AIM-listed firm said the measurement period for the award was over the three years to 31 December 2016, during which the annualised total return earned by the fund, which is unleveraged, was 8.9%.
In addition, the group added, First Property Asset Management Ltd was one of ten fund managers, out of a pool of 95 such managers, to be awarded a Data Quality Award, recognising data-management efficiency, governance and transparency.
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