New York, March 21, 2014 - Thomson Reuters, the world`s leading source of intelligent information for businesses and professionals, today announced the winners of the Lipper US Fund Awards 2014. The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community.
The Lipper Award winners were honored on March 20, 2014 at a ceremony in New York City. TIAA-CREF and MassMutual Retirement Services collected the top Group Awards. The full list of Group Award winners include:
|TIAA-CREF||Best Fund Group Overall - Large|
|MassMutual Retirement Services||Best Fund Group Overall - Small|
|Harris Associates, LP||Best Equity Fund Group - Large|
|LSV Asset Management||Best Equity Fund Group - Small|
|USAA Investment Management Company||Best Bond Fund Group - Large|
|Commerce Investment Advisors, Inc.||Best Bond Fund Group - Small|
|T. Rowe Price Associates, Inc.||Best Mixed Assets Group - Large|
|MassMutual Retirement Services||Best Mixed Assets Group - Small|
"This year`s Lipper Fund Award winners have set an incredibly high standard in realizing impressive returns to their shareholders. The Awards commemorate their expertise of the collective funds management industry and their ability to outperform the market," said Robert Jenkins, global head of Lipper Research at Thomson Reuters.
"Congratulations to all our winners," said Jeff Tjornehoj, head of Lipper Research. "We are proud to recognize the best funds and fund groups in the US for their achievements. The Lipper Fund Awards are based on a rigorous methodology and recognize only the fund managers who are setting benchmarks within the industry. Lipper would like to congratulate this year`s winners as they have proven to be the best in producing consistent and superior results relative to their peers."
Lipper data covers more than 266,000 share classes and over 126,000 funds in 61 markets. It provides the free Lipper Leader ratings for mutual funds registered for sale in over 40 countries.
About the Lipper Fund Awards
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world`s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, and the StarMine Analyst Awards. For more information, please contact firstname.lastname@example.org or visit excellence.thomsonreuters.com
Lipper, a Thomson Reuters company, is a global leader in supplying mutual fund information, analytical tools, and commentary. Lipper`s benchmarking and classifications are widely recognized as the industry standard by asset managers, fund companies and financial intermediaries. Our reliable fund data, fund awards designations and ratings information provide valued insight to advisors, media and individual investors. For more information, go to http://www.lipperweb.com/default.aspx
About Thomson Reuters
Thomson Reuters is the world`s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world`s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com.
Notes to Editors
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.
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Source: Thomson Reuters Corporation via GlobeNewswire