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Rating:M*, Putnam and Legg Mason Win Big at the Mutual Funds Industry Awards Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, March 31, 2017

M*, Putnam and Legg Mason Win Big at the Mutual Funds Industry Awards

Reported by Ashley McHugh-Chiappone

Morningstar's Joe Mansueto had a banner evening!

Joe Mansueto
M*
Executive Chairman
Last night, Mansueto was recognized with the "fund action lifetime achievement award" at the 24th annual Mutual Fund Industry Awards. His colleague, longtime fundster,Don Philips, was also recognized, and was inducted into the "hall of fame." At this event, the fundster leaders at Cipriani 42nd Street in NYC's theater district.

Putnam Funds's Jamie Baxter was recognized with the coveted "fund directions lifetime achievement award." Putnam's wins didn't end there; his colleague, Kathryn Lakin was given the "rising star" award. Legg Mason's Joseph Sullivan was honored with a distinctive award as well, the "fund leader of the year" award.

Many fund firms were recognized at the awards, which included dinner and a ceremony at the popular Italian venue.

The ceremony recognized State Street Global Advisors with the "hall of fame" award. Certain individuals were also recognized, including: Thomas Butch of Waddell & Reed, Paul Dykstra of Ropes & Gray, Carl Frischling of Perkins Coie, George Gatch of JPMorgan Asset Management and Paulita Pike of Ropes & Gray.

The "rising star" award also was presented to many recipients, including: Benjamin Wells of Simpson Thacher & Bartlett, Jeremy Smith of Ropes & Gray, Matthew Kutner of Morrison Foerster, Marguerite Laurent of K&L Gates, Nicole Trudeau of Stradley Ronon Stevens & Young, Todd Rosenbluth of CFRA Research, Jeff Schwantz of Morningstar, Patrick Newcomb of FUSE Research, and Harvey Steele of New York Life Investment Management.

Many fundsters took home firm-level awards, too. Dimensional Fund Advisors was named "retirement leader of the year." OppenheimerFunds was given the award for "ad campaign of the year." Janus Capital Group and the Henderson Group were recognized for their impending merger, and given the "deal of the year award." BlackRock's iShares Fixed-Income ETF Suite was given the "sales success of the year award." Diamond Hill Funds was given the "progressive fund board of the year" award. JP Morgan Funds was recognized as the "social media leader of the year." The WisdomTree Investments Dynamic Currency-Hedged ETF Suite was recognized as the "fund innovation of the year." The Catalyst/Millburn Hedge Strategy Fund was awarded "alternative product of the year."

Various fundsters were also recognized for their individual achievements in the industry. Gary Schpero of AXA EQ Advisors Trust was named "trustee of the year." Mary Joan Hoene of ASA Gold and Precious Metals Limited was named "small board trustee of the year." Lori Schneider of K&L Gates was named "independent counsel of the year." Laura Morrison of Bats Global Markets was honored as "fund marketer of the year." James Stavridis of Neuberger Berman Funds was named "newcomer director of the year."

 

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