Thomson Reuters Lipper U.S. Fund Awards 2016 Winners Announced

Mar 24, 2016 09:30 JST

Source: Thomson Reuters

NEW YORK, Mar 24, 2016 - (ACN Newswire) - Thomson Reuters today announced the winners of the Lipper US Fund Awards 2016. The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrates exceptional performance throughout the professional investment community.

The Lipper Fund Award winners were honored on March 22, 2016, at a ceremony in New York City's Mandarin Oriental Hotel. TIAA Investments and Thrivent Mutual Funds collected this year's top Group Awards. The full list of Group Award winners include:

Winners Group / Awards

TIAA Investments / Best Fund Group Overall - Large
Thrivent Mutual Funds / Best Fund Group Overall - Small
Oakmark Family of Funds / Best Equity Fund Group - Large
PRIMECAP Management Company / Best Equity Fund Group - Small
Metropolitan West Asset Management LLC / Best Fixed Income Group - Large
Guggenheim Investments / Best Fixed Income Group - Small
TIAA Investments / Best Mixed Asset Group - Large
Thrivent Mutual Funds / Best Mixed Asset Group - Small

"The Lipper Fund Awards winners have all exhibited a high level of skill and talent in navigating the ever complex and interconnected markets of today. We congratulate the 2016 Award winners for their demonstrated expertise and for delivering excellence to their collective fund shareholders," said Robert Jenkins, Global Head of Research at Thomson Reuters Lipper.

"It's my pleasure to recognize some of the very best of the mutual funds industry. I commend tonight's winners, who all worked hard for years in order to reach this point. Their diligence to their craft and their commitment to shareholders is outstanding," said Jeff Tjornehoj, Head of Americas Research at Thomson Reuters Lipper.

The Lipper Fund Awards recognizes funds and fund management firms for their consistently strong risk-adjusted three-, five-, and ten-year performance, relative to their peers, based on Lipper's proprietary performance-based methodology. Six Group Awards, plus the coveted Overall Awards, are given to firms with superior performance across asset classes.

Lipper data covers more than 285,000 share classes and over 129,000 funds in 62 markets. It provides the free Lipper Leader ratings for mutual funds registered for sale in over 40 countries.

Please click here to see a full list of winners from the Lipper Fund Awards. The Lipper Fund Awards' 2016 methodology can be viewed here. http://bit.ly/1S7osaJ For further information, please contact Lipper as noted below.

Follow the discussion on Twitter at #LipperAlphaForum and #LipperAwards.

About the Thomson Reuters Lipper Fund Awards

For more than three decades and in over 20 countries worldwide, the Thomson Reuters Lipper Fund Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. For more information, please contact me or visit http://lipperfundawards.com/Awards/UnitedStates.

Thomson Reuters

Thomson Reuters is the world's leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.

Notes to Editors

Thomson Reuters Lipper Fund Awards designations do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. As a result, investors should not make an investment decision on the basis of this information. Lipper Fund Awards designations are for informational purposes only. Lipper is not responsible for the accuracy, reliability or completeness of the information obtained from Lipper. In addition, Lipper will not be liable for any loss or damage resulting from information obtained from Lipper or any of its affiliates. Past performance is not necessarily a guide to future performance and investors should remember that past performance is not a guarantee of future results.

CONTACTS

Ilya Hemlin
PR Specialist, Financial & Risk
Office +1-646-223-5532
Mobile +1-347-408-8592
Ilya.hemlin@thomosonreuters.com

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Source: Thomson Reuters Corporation via Globenewswire

Source: Thomson Reuters