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| ING Global Property Securities Fund wins S&P award in Australia ING Real Estate and ING Investment Management announced that the ING Global Property Securities Fund has won the Listed Property Category at this year's Standard & Poor's 2007 Fund Manager of the Year Awards in Australia. The fund has a consistent track record delivering 28.4% since inception (10 October 2005 to 17 July 2007) compared with the UBS Global Investor (ex Australia) Index of 22.7%. The ING Global Property Securities Fund is the only 5 star rated fund by Standard & Poor's and only one of two funds rated "Highly Recommended" by Australian investment research house, Lonsec. The ING Global Property Securities Fund offers Australian investors an opportunity to invest in a global property securities strategy. The fund was established in 2005 by ING Investment Management Australia. Its portfolio is managed by ING Clarion Real Estate Securities, ING Real Estate's global listed property unit. Fund assets under management are AUD 291m (EUR 184m). ING Real Estate is part of ING Group, a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in over 50 countries. write your comments about the article :: © 2007 Construction News :: home page |