Investec Asset Management was awarded the accolade of European Asset Management Company of the Year in the larger fund house category at the Funds Europe Awards 2011, hosted in London last night.
This was in recognition of the company as a globally competitive investment manager.
Funds Europe is a business strategy magazine targeting Europe’s asset management professionals and covers all areas of the asset management business.
The award was judged on a qualitative basis by a panel of independent judges drawn from industry peers, and takes into consideration the overall performance of outstanding investment managers from across the European playing field.
At the same ceremony, Hendrik du Toit, CEO of Investec Asset Management, was named European Asset Management Personality of the Year.
This award recognises individuals who have made outstanding contributions to their business, their industry and amongst their peers.
Du Toit was judged on his leadership, the results and performance generated by the businesses, innovation, implementation of corporate and social responsibility initiatives and his overall contribution to the industry.
These awards follow the award scooped by Investec Asset Management for Best Asset Manager in Africa at the EMEA Finance African Banking Awards 2011. The awards recognise the achievements of the African continent’s leading financial services businesses across 37 countries.
Commenting on the awards, Du Toit said: “As a global investment manager proud of our African roots, it is gratifying that after twenty years in business, Investec Asset Management is getting recognition for our achievements both at home in Africa and in the global markets we serve. The awards acknowledge that we have built an enduring, long-term oriented investment house, which delivers for its clients in good and bad times. It is with great humility that I accept these awards on behalf of the dedicated and professional people of Investec Asset Management.”