We are delighted to have received our second public accolade in just two months.
Last week, in the face of stiff competition Mayfair Capital was “highly commended” at the Estates Gazette Awards 2014 in the Investment Fund Manager of the Year category. The judges said they gave the accolade to Mayfair Capital “to highlight this as it was so very close”. The winner was M&G Investments.
The other finalists were AXA Real Estate, CBRE Global Investors, LaSalle Investment Management, and Legal & General Property.
The accolade came just a month after Mayfair Capital won the Boutique Investment Manager award at the Charity Times Awards.
Highlights of our year include:
- doubling assets under management to c.£700 million, owing to significant inflows of money into our funds and winning a new mandate from Jupiter Asset Management, enabling clients invested in the Jupiter Merlin portfolios to gain exposure to property for the first time
- increasing the size of the firm from 14 to 18, including appointments of William Hill, former head of property at Schroders, as a non-executive director, Gill Roantree, former head of property investment support at Schroders, as chief operating officer, a newly-created position and Jonathan Gibbon as Investment Director, from Aberdeen Asset Management
- Property Income Trust for Charities (PITCH), our flagship fund, doubling in size to a portfolio value of more than £300 million and returning 15.7% in the year to 30 September 2014
- MC Residential 1 (MCR1) fund becoming fully invested with £30 million in eight projects with a gross development value of c.£200 million
- MC Property Unit Trust, which invests for Schroders’ property multi-manager clients, returning 18.0% in the year to September 2014 against a benchmark of 16.8%.
- MC Property Growth Fund No 2 producing a return of 11.4% in the year to 30 September, boosted by the successful sale of a residential site in Chelsea Harbour
- MC Income Plus Fund producing a return of 18.7% in the year to 30 September 2014