AUI picks up the Direct Property Fund Manager of the Year award for 2013.

Australian Unity Investments (AUI) has been named winner of the Professional Planner/Zenith Investment Partners Direct Property Fund Manager of the Year award for 2013.

AUI manages a range of diversified property funds, covering healthcare, retail, industrial, commercial and office property and has over $1.7 billion in property assets under management (as at 30 September 2013).

The Professional Planner/Zenith Investment Partners Fund Awards recognise excellence in the application of a fund manager’s investment philosophy and process. Zenith selects award nominees and winners based on its robust and comprehensive manager assessment methodology, which focuses on nine aspects of how fund management businesses are organised and operate including organisational strength, investment philosophy and process, risk management and performance.

Direct Property was one of three new fund categories for the 2013 awards and reflects the growing importance of the sector and the increased interest among financial planners in using property in diversified portfolios.

“The awards are recognised as an assessment of excellence in the retail managed funds industry. Being awarded the inaugural Direct Property Fund Manager of the Year award is a strong endorsement of our investment approach and our achievements on behalf of our investors,” says Mark Pratt, AUI’s head of property, mortgage and capital markets.

“AUI has been managing property funds for 14 years, and believes the Australian property market is currently offering investors attractive yields and stable values.

“An investment in property funds can offer investors access to a range of properties diversified by property type, sector, tenant and geographic location. If investors are looking for a consistent income yield then investment in a well-managed property fund is well worth considering.”

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