The folks at Vanguard
, and Manning and Napier
may be breaking out the champagne this week on their virtual happy hours.
| Mortimer J. "Tim" Buckley|
Vanguard and Virtus are the top two active fund firms for both five-year and ten-year performance, according to the Barron's
team, while Manning tops the Best Fund Families of 2020
list, which was released
last weekend. PGIM
, Morgan Stanley IM
, Virtus, Guggenheim
, and Delaware
led the sub-lists in different asset classes.
The ranking excludes passive funds and active boutiques that don't cover enough categories. Firms' rankings are derived from their funds' relative rankings against their own Refinitiv Lipper categories, and a firm's individual funds' rankings are weighted based on their size within that firm's assets in that category. (In other words, a firm's biggest fixed income funds count more than its smallest.)
For the 10-year rankings, the rest of the top ten list (after Vanguard in first and Virtus in 2nd) includes: Putnam
in third, T. Rowe Price
in fourth, Pimco
in fifth, MFS
in sixth, Hartford
in seventh, BlackRock
in eighth, Nuveen
in ninth, and Columbia Threadneedle
For the five-year rankings, the rest of the top ten list includes: Pimco in third, Lord Abbett
in fourth, Fidelity
in fifth, MFS in sixth, T. Rowe in seventh, BlackRock in eighth, Columbia Threadneedle in ninth, and PGIM in tenth.
For the one-year rankings, the rest of the top ten list includes: Guggenheim in second, Vanguard in third, Fidelity in fourth, Morgan Stanley in fifth, Transamerica
in sixth, Lord Abbett in seventh, Brinker
in eighth, American Century
in ninth, and Columbia Threadneedle in tenth.
Neil Anderson, Managing Editor
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