Angus McNaughton – Head of Wholesale Property
Angus was appointed as the Head of Wholesale Property in July 2009. Angus has the overall responsibility to drive long-term strategy across the property business and performance of our wholesale property funds. Angus has been with the business for 14 years, and most recently worked in Singapore on establishing an Asian real estate fund management business for the group.
Prior to his secondment to Singapore, Angus was CEO of the New Zealand Stock Exchange Top 10 listed Kiwi Income Property Trust (KIPT). Under Angus’ guidance, KIPT became New Zealand’s most successful property vehicle, with a total gross return of 10.9% per annum since its inception in December 1993, total assets growing from NZ$100 million to NZ$2.1 billion, and the number of investors increasing from approximately 3,000 largely domestic investors to over 13,000 global investors.
Angus has more than 18 years’ experience within the property (asset and development management), capital markets and funds management industries. In 2007, Angus received the Property Institute of New Zealand’s Property Industry Award (sole recipient) and in 2006 he was voted one of the New Zealand Herald’s Top Business Leaders of the Year.
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