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Friday, October 16, 2015

Fundsters Applaud Their STARs

Reported by Max Viscio

Last night the MFEA held their 19th annual STAR Awards in Chicago and it was an impressive display of mutual fund communications.

John W. Rogers, Jr.
Ariel Investments
Chairman, Chief Executive Officer, Chief Investment Officer
The awards were numerous and you can find a full list of the winners on the STAR Awards website, but here's a summary of what happened last night at the Chicago Hyatt Regency:

-Among the small firm category, the biggest winner of the night was Ariel Investments [profile], the hometown Chicago fund firm took home 6 retail and 2 overall STARs.

-For the medium size firms, Aberdeen Asset Management [profile] came out on top with 8 retail, 7 advisor and 2 overall STARs,

-The large firmwas not dominated by any particular firm, but the winners of the night included Nuveen [profile], Neuberger Berman [profile], Putnam [profile], Nationwide [profile], Deutsche Asset and Wealth Management [profile], Hartford Funds [profile], Thornburg [profile].

-And for the large plus group, the retail awards went to a mix of firms including John Hancock [profile], Franklin Templeton [profile], T. Rowe Price [profile], Columbia Threadneedle [profile], Goldman Sachs [profile], Invesco [profile], Janus [profile], MFS [profile] and JPMorgan [profile].

The awards dinner featured a open bar cocktail hour and a dinner that included an arugula and tomato salad, grilled filet mignon and seared Loch Duart salmon, and for dessert a Black Forest tart with dark chocolate ganache, chocolate shavings and cherry compote.

Our sister publication 401kWire covered the STAR Retirement Awards winners, which you can read here

Correction: A prior version of this story gave the wrong number of retail awards won by Aberdeen.

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