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Wednesday, October 5, 2022

20 Fund Firms Win Big With FAs

News summary by MFWire's editors

The teams at 20 mutual fund firms recently won recognition from the folks at an FA-focused trade publication.

Timothy D. "Tim" Armour
Capital Group
Chairman, CEO, Equity PM
Last week, the team at the Financial Times' Financial Advisor IQ revealed the winners of the 2022 Financial Advisor IQ Service Awards. This is the third annual iteration of the awards, and the results are based on votes (gathered between April and June) from 742 advisors. Winning service providers include asset managers, ERISA law firms, and retirement plan recordkeepers, and the awards span different AUM ranges ($100 billion and up, $20 billion to $100 billion, and under $20 billion) and categories. (For fund firms, those categories included: audio/video content; macroeconomic insights; overall content and commentary; PM letters; product lineups; sales and relationship management teams; and white papers.)

25 companies, including 20 fund firms, won awards this time. (Our sister publication, 401kWire, covered the winners of the retirement awards.)

Among fund firm winners, Capital Group's American Funds topped the list with nine golds, plus two silvers and one bronze. Other multi-gold winners included: Blackstone, five gold and two silver; First Eagle, four gold, two silver, and one bronze; Putnam, three gold, two silver, one bronze; BlackRock (including iShares), two gold, four silver; and Davis, two gold, two silver, and one bronze.

Other multi-award winners included: Fidelity, one gold, four silver, four bronze; Natixis' Loomis Sayles, one gold, one silver, one bronze; Guggenheim Investments, one gold, two bronze; Nationwide, two silver, three bronze; DoubleLine, two silver, one bronze; J.P. Morgan, one silver, three bronze; Vanguard, one silver, two bronze; and Federated Hermes, one silver, one bronze.

Other award winners included: Calamos, one silver; AQR, one bronze; Catalyst, one bronze; Matthews Asia, one bronze; Neuberger Berman, one bronze; and ProShares and ProFunds, one bronze. 

Edited by: Neil Anderson, Managing Editor

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