Three-peat for Pimco's equity funds at Lipper Awards

Named best large equity fund company; Nuveen and GuideStone take home top awards
MAR 27, 2012
Nuveen Fund Advisors Inc won the award for best large mutual fund group, and faith-based asset manager GuideStone Funds was named best small mutual fund group at the annual Lipper Awards, which took place tonight at Cipriani in New York. Nuveen, which comprises seven independently managed boutique asset managers, supplants last year's winner, MFS Investment Management, for the top large fund group. GuideStone beat out last year's small-fund-group winner, Delaware Investments. For the list of fund families that won this year's Lipper awards, click here. The Lipper awards highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to peers. Funds must have at least three years of performance history to be considered for an award. Firms must have at least $40 billion in assets under management to be eligible for the large-fund-group awards. Pacific Investment Management Co. LLC took home the prize for top large equity company for the third year in a row. It also added two more awards in the large-cap-core and Treasury inflation-protected securities categories. The small-company-equity award saw a repeat winner, as well. Hotchkis & Wiley Capital Management LLC won the award for the second year in a row. Thornburg Investment Management Inc. knocked out reigning two-time winner Loomis Sayles & Co. LP as the best large-company fixed-income group. The large-company mixed-asset group saw a new winner, as well. John Hancock Group ousted Janus Capital Management LLC, which had won the previous three years. Delaware wasn't able to repeat as best overall small fund group, but it did repeat as best small company in the mixed-assets category, and it won the midcap-growth and corporate-debt BBB-rated fund categories, giving it three awards for the second year in a row. See the full list of 2012 winners below:

2012 Lipper Fund Award Winners: U.S.

Click column headers to sort fields

Management Company Name Award Firm Size
Nuveen Fund Advisors, Inc. Overall Large
GuideStone Funds Trust Overall Small
PIMCO Equity Large
Hotchkis & Wiley Capital Management, LLC Equity Small
Thornburg Investment Management, Inc. Fixed Income Large
M&I Investment Management Corporation Fixed Income Small
John Hancock Group Mixed Assets Large
Delaware Management Company Mixed Assets Small

Latest News

FINRA fines Vanguard $950,000 over decade of cost basis errors
FINRA fines Vanguard $950,000 over decade of cost basis errors

Faulty Forms 1099 and account statements reportedly left some Vanguard brokerage customers overpaying or underpaying taxes for over a decade.

More ETFs, more opportunity, more homework
More ETFs, more opportunity, more homework

The democratization of ETFs cuts both ways

Advisor moves: Raymond James, Baird add significant teams in latest recruiting push
Advisor moves: Raymond James, Baird add significant teams in latest recruiting push

Independent broker-dealers snap up experienced advisors as competition for established practices intensifies.

Wells Fargo names COO Scott Powell as its next chief risk officer
Wells Fargo names COO Scott Powell as its next chief risk officer

Derek Flowers, a nearly 30-year veteran, is set to retire in mid-January, handing the reins to the executive who helped lead the bank's regulatory turnaround.

Ameriprise runs advisor ads on ESPN, Golf Channel, CBS
Ameriprise runs advisor ads on ESPN, Golf Channel, CBS

The campaign spans broadcast TV and streaming, as the brokerage faces slowing client net flows and an $8.1 billion advisor team that left to launch an RIA this month.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains