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Wednesday, March 24, 2021

BlackRock and Voya Win Praise For Statements

Reported by Andrew Lusk

Five mutual fund firms topped an annual ranking of mutual fund firms' account statements, a list that went live last week.

Christine Hurtsellers
Voya Financial
CEO, Investment Management
The Trends and Best Practices in Investor Statements study, a yearly release by Marlborough, Massachusetts-based financial services market research firm Dalbar, names a number of familiar firms to this year's top seats, including Voya and Invesco, in second and third place, respectively.

The team behind the rankings placed the world's biggest asset manager and ETF shop, BlackRock, in the lead again for the study's fourteenth consecutive iteration.

The fourth and fifth place winners, respectively, are Capital Group's American Funds and Federated Hermes.

The Dalbar study also includes lists on statements in other financial services areas, including brokerage, variable annuities, and defined contribution plans (as reported by our sister publication, 401kWire.) 

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