Lonneke Löwik
INREV Director of Professional Standards
Lonneke Löwik, Director of Professional Standards, is gearing up for a busy year as the Association tackles the major task of revising the INREV Guidelines. And despite already having seven miniprojects underway as part of that project, Lonneke is looking forward to the challenge.
“Professional Standards is a very dynamic part of INREV. The results are something people use and work with day-to-day, and they evolve,” she says. “For example, when INREV started it was just about the nonlisted property funds model and now there are new additions to the family such as debt funds and funds of funds.”
She says that it helps that during her four years at INREV she gained experience on the research side, as Director of Research and Market Information, before taking up her responsibilities with Professional Standards. This “brings it all together” and provides her with a stronger foundation to drive INREV’s professionals standards’ agenda. In addition, she brings skills and knowledge from her time in the fund management world, most notably with RREEF, based in London.
Investors need more information.
One of her most recent projects at INREV was the development of the Standard Data Delivery Sheet, which provides a clear framework for the exchange of information between fund managers and investors. She sees this project as a clear indication of how the market is changing and how that will feed into the new Guidelines. “Investors need more information. When INREV started its Guidelines were for annual reporting, now we need also include guidance for quarterly reporting,” she says.
Lonneke is currently overseeing a series of committee projects and special working groups that will provide the updated components for the new Guidelines, as well as the Guidelines Review Steering Group that will bring them together. “We need members to work with them and keep them relevant. This is not about ticking boxes but engaging with the Guidelines.”
While it is many moving parts for Lonneke, she sees the input as essential to the content as well to keep the Guidelines White Paper on track to be published in summer 2013.
