Lipper presented awards Tuesday night to U.S. fund companies at a ceremony in New York.

The event, which Jed McNight, head of North American research for the New York-based company characterized as "The Academy Awards of Mutual Funds," was the 14th in a series of 18 this year.  The program started Jan. 31 in Geneva, Switzerland and will culminate in Mumbai, India, on April 7.

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