Lipper of New York Wednesday night honored mutual funds that delivered consistently superior performance over three years. The ceremony, at the Mandarin Oriental Hotel in Manhattan, marked Lipper’s fifth such ceremony.
“All our winners deserve to be congratulated for achieving what could be argued is the ultimate in investment performance: consistently strong risk-adjusted performance relative to their peers,” said Andrew Clark, head of research.
Recognition in four categories went to each a large fund complex, or one with at least $25 billion in assets, and a small company.
The award for best overall fund family among large companies went to New York-based Goldman Sachs, while Lipper named Accessor Capital Management, LP of Seattle the best overall fund complex among small companies.
JennisonDryden, which is based in Dresher, Pa., and owned by Prudential Financial, won for Best Large Equity Fund Family, while Henderson Global Investors (North America) of Chicago and Hartford won in the small company category.
In the mixed asset class, Goldman took home another price in the large company category, while Transamerica IDEX Mutual Funds of St. Petersburg, Fla., won among small companies in that category.