American Century Investment Management and Waddell & Reed Investment Management Company won "Best Fund Group Overall" honors in the large and small fund company categories, respectively, at the U.S. Lipper Fund Awards 2009 ceremony held Thursday evening in New York.

Lipper, a Thomson Reuters company, presented trophies and certificates to funds that topped their Lipper classifications and performed consistently well during the past three, five and 10 years.

Fidelity Management & Research Company won 25 individual awards, while the Vanguard Group won 15 awards, BlackRock Inc. won 11 and American Century won 10 individual awards.

"Each of the winners should be recognized for delivering consistently good risk-adjusted performance, relative to their peers in such dramatic events as experienced by the financial markets during the last 12 months," said Eric Almquist, Lipper's chief operating officer.

Globally, Lipper awards funds in 21 countries and regions.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.