24 June 2019 – Irish Life has garnered a top award at the European Pensions Awards 2019. At the awards event held in London, Irish Life Investment Managers (ILIM) was named Passive Manager of the Year for the second year running. ILIM was also shortlisted for the Equities Manager of the Year and Investment Manager of the Year. ILIM was the only Irish investment company to be recognised at this year’s European Pensions Awards.
Commenting on the win, Patrick Burke, Managing Director of Irish Life Investment Managers said: “To be globally recognised at the European Pension awards is testament to the hard work and dedication of the team at Irish Life Investment Managers. Winning Passive Manager of the Year for a second year running demonstrates our continued focus on delivering on our clients’ needs across economic cycles and for different client objectives. It is also a tremendous achievement to be shortlisted for Equities Manager of the Year and Investment Manager of the Year and shows the range of solutions we offer to investors.”
ILIM beat off stiff competition from the leading global managers to be named Passive Manager of the Year. This award aims to celebrate the passive manager that demonstrates strong returns, provides excellent customer service and shows a true understanding of the needs of their clients.
The European awards, now in their 12th year and organised by European Pensions, honour the investment firms, consultancies and pension providers across Europe that have set the professional standards to best serve European pension funds in these increasingly challenging times.
The 2019 judges were drawn from across the European pensions sphere to include providers, pension funds, consultants and representatives from various European pensions and investment associations.
Commenting on the win, Colin Cunningham, Director - Global Institutional Distribution, ILIM, said: “At ILIM we are committed to serving our clients’ long-term interests and to expanding our solution set to reflect the changing needs of our clients. We aim to offer inspired investment solutions which provide opportunity for growth and help our clients to achieve their investment objectives. With overall assets under management of approximately €88 billion, ILIM will continue to strengthen and grow Irish Life’s asset management business domestically, alongside the ongoing expansion of the business into the European and North American markets.”