More than two dozen mutual fund shops are among the best places to work in asset management, and four of those fund firms have made that cut all seven years, according to the latest edition of a trade publication's assessment of employers in the marketplace.

Mark Mirsberger Dana Investment Advisors CEO

Today the Pensions & Investments team at Crain revealed their 2018 Best Places to Work in Money Management list. Best Companies Group again worked on the list, which included a record 69 firms.

Of those 69 winners this year, only five have now made it all seven years (since the P&I team released first edition of the list back in 2012). Those five repeat winners included four fund firms: Baird Asset Management, Legg Mason's Clearbridge Investments; Dana Investment Advisors, and Principal Global Investors.

Four fund firms are new new to the list this year. They include: Capital Group, Crossmark, LM Capital, and PPM America.

Other 2018 fund firm winners included: 361 Capital; AQR; BlackRock; Legg's Brandywine; Charles Schwab Investment Management, Highland, Invesco, Legg Mason itself, Neuberger Berman, MassMutual's OppenheimerFunds, Parnassus, Polen Capital,Semper, TCW, Tortoise, Voya Investment Management, Vulcan, Legg's Wamco, and William Blair.

To be eligible for considerations, firms needed to have at least 20 U.S. employees, with at least $100 million in discretionary AUM and at least one year in the business. The researchers surveyed the asset managers themselves (as employers) and their employees, with the latter weighted more heavily in the results. Firms were all compared with firms of similar size. 

Edited by: Neil Anderson, Managing Editor


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