3 March 2009: Lend Lease Investment Management wins MFSS Investment Stewardship Award for Funds Management

Lend Lease Investment Management has won the third annual Melbourne Financial Services Symposium (MFSS) Investment Stewardship Award for Funds Management, recognising long-term achievement.

Lend Lease Investment Management has won the third annual Melbourne Financial Services Symposium (MFSS) Investment Stewardship Award for Funds Management, recognising long-term achievement. The award was presented in Melbourne on Monday 2 March 2009.

In selecting the award recipient, the judging panel considered financial performance, product innovation, service quality, investment philosophy, corporate governance and risk management approaches. Implementation of the United Nations Principles for Responsible Investment (UN PRI) was also recognised.

Placing it in contention for the award, Lend Lease Investment Management adopted a Sustainable Responsible Investment Policy for its Funds, and became a signatory to the UN PRI in 2007. Since then, Lend Lease Investment Management has maintained a proactive approach to becoming an industry authority, by engaging with its investors through workshops and programs to facilitate knowledge sharing across the industry.

In addition, the judging panel recognised Lend Lease Investment Management’s strong history of relative performance of its Funds and best of breed corporate governance practices.

Rod Leaver, CEO Asia Pacific and Global Head of Lend Lease Investment Management said “It is an honour to have won this award. To be recognised for our success in implementing the UN PRI and our dedication to corporate governance and service quality is a great achievement. This award highlights us as an industry leader.”

Victorian Funds Management Corporation, Northern Trust, the Environmental Protection Agency and the UNEP Finance Initiative collectively sponsored the 2009 Investment Stewardship Award. The award applies to all private sector investment mangers (including industry and complying superannuation funds) with at least $500 million in funds under management. Entrants for the award need to have a performance history of three years or more.