Bridge property funds win awards
Bridge Fund Managers won multiple awards at the 2017 Raging Bull Awards ceremony, held in Sandton on January 25, for the performance of its Global Property Income Fund (US$) and Global Property Income Feeder Fund over the past three and five years.
Bridge Fund Managers was previously known as Grindrod Asset Management.
Bridge’s Global Property Income Fund received the certificate for the Best Offshore Global Real Estate General Fund over three years to December 31, 2016. Bridge’s Global Property Income Feeder Fund received the certificates for the Best Global Real Estate General Fund on straight performance over three years, and on a risk-adjusted basis over five years, to December 31, 2016.
Paul Stewart, the head of fund management at Bridge Fund Managers, says: “It is great to be recognised as having an investment philosophy and team capable of delivering performance that wins awards. But awards aside, what is really important is that these property fund results have assisted Bridge Fund Managers to deliver on the critical outcomes that meet our clients’ long-term investment objectives.”