DECEMBER 14, 2020

ASB Wins 2020 Best Places to Work In Money Management Award from Pensions & Investments

Washington, DC — ASB Real Estate Investments (ASB) won a 2020 Best Places to Work in Money Management award, announced today by Pensions & Investments.  ASB also won the award in 2019.

Presented by Pensions & Investments, the global news source of money management, ninth-annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.

Among reasons for ASB’s award P&I cited: the company’s generous volunteer time off, industry specific training, and an inclusive and collaborative workplace, which makes all employees feel valued for positive contributions to the company’s success.

P&I Editor Amy B. Resnick said: In this very unusual year, we learned again that employers that consider the overall wellbeing of their employees are regarded well.  The best employers in 2020 are those that have stepped up with policies and practices to support and protect employees’ physical and emotional health, while continuing to keep the focus on clients’ needs. Our surveys found that the employers on the list were likely to work hard to sustain their corporate cultures, even during times of pandemic lockdowns and continuing to work from home in many cases.”

Robert Bellinger, ASB’s President and CEO, said: “The entire ASB team is proud to be acknowledged by P&I for our efforts to create a positive workplace culture which not only benefits all of our employees, but also helps realize superior performance for investment clients, our ultimate company objective. It’s particularly welcome recognition during 2020 in the midst of operating in the COVID-19 pandemic as we have sought to meet client needs while keeping everyone safe.”

Pensions & Investments partnered with Best Companies Group, an independent research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees.

The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies.

For a complete list of the 2020 Pensions & Investments’ Best Places to Work in Money Management winners and write-ups, go to opens in a new windowPension & Investments Online.

About ASB Real Estate Investments
ASB Real Estate Investments (ASB), a division of ASB Capital Management, LLC, is a leading U.S. real estate investment management firm with more than $7.7 billion* in gross assets under management for over 330 institutional clients. Headquartered in Washington DC, ASB invests in major U.S. urban markets, concentrating in office, multifamily, retail and industrial properties and employs core, value add and development strategies for its clients.

About Pensions & Investments
Pensions & Investments, owned by Crain Communications Inc., is the 48-year-old global news source of money management. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations, and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit us at opens in a new windowPension & Investments Online.

*as of September 30, 2020

ASB paid a participatory fee to be included in the Pensions & Investments Best Place to Work survey. There was no promise or guarantees, either direct or indirect, in connection with the fee and the selection for the award. For more information regarding the survey, please see Best Places to Work for more information regarding the survey. The information provided in the release does not constitute an offer to sell or buy securities or the solicitation of an offer to sell or buy securities.