Real Estate Credit Investments Limited (LON:RECI) won the Best Performance award for Specialist Debt at Citywire’s annual London-listed Investment Companies awards ceremony last night.
The performance awards are given to investment companies judged to have delivered the best underlying return in terms of growth in net asset value (NAV) in the three years to 31 August 2023. As in previous years, funds investing in publicly-listed equities are ranked on risk-adjusted performance against their benchmark indices, while funds (such as RECI) investing in other asset classes are either assessed for risk-adjusted returns against cash or by simple growth in NAV. All the data underpinning the awards is verified by an independent panel of judges.
Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.