Columbia Threadneedle Investments is an award winning specialist property fund management practice. Founded in 1994, Columbia Threadneedle Investments is a global asset manager with a strong reputation in equities, fixed income, commodities, property and multi asset. We manage assets in excess of £323bn (as at 31 March 2015) for a broad spectrum of institutional clients ranging from governments, sovereign wealth funds and superannuation bodies through to corporates and public funds.
For over a decade Columbia Threadneedle Investments’ key UK real estate institutional products have performed strongly against the market and the company has provided assurance and a high quality of investment service across its UK institutional and retail investor base. Columbia Threadneedle Investments’ position in the industry as a leading property investment manager is in recognition of its long term investment track record that has been founded upon a disciplined investment process within a long standing organisational structure, based upon active asset and risk management.
Columbia Threadneedle Investments is a significant property investment manager and is actively engaged in all major property sub-sectors throughout the UK. Columbia Threadneedle Investments is highly experienced in managing a broad range of property vehicles including open-ended funds, closed-ended leveraged strategies and bespoke segregated mandates.
Its strong credentials can be highlighted as follows: Funds under Management – Over £9.0bn of UK property assets under management across 20 different funds (as at 31 March 2016). Directly held Property Investments - Over 1,168 directly managed UK properties with over 6,725 underlying tenancies (as at 30 June 2016). Stable Investment Team – An experienced investment team with its key Fund Managers having been in continuous group employment for over 20 years (as at 31 March 2016).
Outstanding Fund Performance – Strong track record across a diverse range of property portfolios. Investment Strategy – A consistent investment strategy delivering medium and long-term outperformance across our institutional proposition. Investment Market Presence – Strong stock picking expertise and access to an extensive contact base with key market participants throughout the UK property market. Past performance is not a guide to future performance.
Performance as at 31 March 2016.
Investment principles and strategy
Columbia Threadneedle Investments’ investment strategy focuses upon a bottom-up real estate analysis supported by factors such as the macro-economic environment, the nature of the prevailing business cycle and local real estate market conditions. Our commercial property investment philosophy can be summarised in the following principles:
• Stock picking is key. While we frequently take high conviction views at the sector level, we believe that selecting properties within sectors is a bigger driver of long-term performance. Our experience, resources and contacts allow us to select the most appropriate and attractively valued properties for our funds while avoiding exposure to property shares.
• A preference for high yielding investments. We believe that over the long term, income is the dominant component of property total returns. As such, yield is a key focus of our stock selection process.
• Flexible buyers. We do not populate our portfolios with “trophy assets”, as these frequently offer unappealing yields and require heightened rental growth in order to keep pace with the wider market. Instead, we seek good value and investment potential across all sectors, geographies and lot sizes.
• A void speculative development. This kind of activity locks up capital for long periods of time and can be risky. We prefer to buy standing investments with the potential to improve returns.
• Active asset management unlocks value. We work hard to maximise the returns from the properties we own, refurbishing and updating buildings regularly in order to increase capital value and improve rental growth potential.
Strategic corporate development
Columbia Threadneedle Investments’ overall strategic goal is to continue to build a client-focused, differentiated and branded business based on delivering performance in all market conditions and an outstanding “client experience”. Our strategy is based on growing our business through increased diversification across equities, fixed income and property assets and is focused on widening our client base and the geographies in which we distribute. Our continuing goal is to have the scale needed in each asset class to apply the best talent and associated infrastructure to deliver outperformance and outstanding client service. Our growth strategy is to focus exclusively on active fund management, where we aim to outperform the market and therefore generate positive returns. Our strategy is to continue our focus on “positive alpha” products for those clients that seek the added return that can be generated by active managers. Given our clients have different risk requirements, we will continue to promote and develop a range of product to span the spectrum of risk appetites and deliver outstanding client service tailored to each client segment.
Threadneedle Asset Management Limited (TAML) Registered in England and Wales, Registered no. 573204 Cannon Place, 78 Cannon Street, London, EC4N 6AG, United Kingdom. Past performance is not a guide to future performance.
Authorised and regulated in the UK by the Financial Services Authority, Register No. 122194
Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies
News from Columbia Threadneedle Investments (Real Estate)
Our property team consists of 24 investment professionals who have on average 19 years of market experience and have been with Columbia Threadneedle Investments for an average of 10 years.
Low-Carbon Workplace Strategy download
The strategy has exclusive use of the Low Carbon Charter, supported by the Carbon Trust, in seeking to acquire, refurbish and let UK commercial property
The team uses an active, hands-on approach that emphasises asset selection. This has been the main driver of long-term outperformance*. We are flexible buyers and focus on high yielding investments when building our property portfolios, rather than “trophy assets”, which frequently offer lower yields. We also avoid speculative developments.
Columbia Threadneedle Investments made a unique and irresistible case for winning the Ethical Investment Fund of the Year – Consumer category.
News from IPE Real Assets
Investment manager assessing liquidity levels prior to a Q4 reopening
UK pension fund selects asset manager for £104m portfolio
UK scheme looks to increase, diversify portfolio
Move follows similar moves by M&G, Aviva Investors and Standard Life Investments
Analysis from IPE Real Assets
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