Awards win shows strength of property capabilities

SG Hiscock & Company (SGH) have emerged victorious at the Financial Newswire Fund Manager of the Year Awards, taking out the AREIT Fund Manager of the Year category.

SGH was strongly represented at the awards with two Australian Real Estate Investment Trust (A-REIT) funds nominated, and two Global Real Estate Investment Trust (G-REIT) funds named as finalists.

Undertaken in conjunction with research partner, SQM Research, the awards recognise the best investment products across 18 categories.

Director and portfolio manager of SGH, Grant Berry, said the team is very pleased with the recognition across a number of funds, most notably, the award win.

“Our active management approach, with a focus on valuation using a ’through the cycle investment view’ as a key part of our methodology, assisted with this outcome for the AREIT category.

“It is particularly gratifying that Financial Newswire and SQM Research have recognised the hard work and effort over the past three years, in what has been a challenging market environment,” he said.

The accolade comes on the 20th anniversary of the partnership between SGH and LaSalle Investment Management Securities.

As part of the awards judging process, SQM Research collates performance data on more than 10,000 active funds. Data is initially collated and sorted on an equal weighting combination of three-year annualised net returns and three-year sharpe ratios (risk adjusted returns), with a final list of ten funds for each category. Finalists are then chosen based on the best Sharpe ratio.

Where risk adjusted returns are not easily available, such as some alternative funds and direct property, SQM Research uses its current ratings as a guide plus three-year total returns where available. Data was collated through to 30 June 2023.