Manning & Napier Inc. has been recognized as the Refinitiv Lipper Fund Awards Winner U.S. 2021, Best Mixed-Assets Small Fund Family Group Over Three Years.
“It’s a pleasure to receive this award on behalf of our team for all we accomplished for our clients,” said Ebrahim Busheri, director of investments. “In a period with significant uncertainty and volatility, our investment team moved quickly and decisively. For multi-asset class investors, the breadth of our capabilities and quality of research helped us make excellent decisions in both asset allocation and security selection.”
For more than three decades and in more than 17 countries, the Refinitiv Lipper Fund Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.
“This year’s Refinitiv Lipper Fund Awards recognized the steadfast resolve of award-winning managers and firms who successfully navigated one of the sharpest market downturns and recoveries on record enabling investors to maintain a level of economic confidence amidst a backdrop of uncertainty,” Lipper, Refinitiv Head of Research Robert Jenkins. “In a year that endured the impacts of an unprecedented global humanitarian crisis, in which markets reflected investors’ emotions of shock and optimism, there was a degree of solace in having one’s financial fortunes overseen by the stewardship of professional money managers. We congratulate the 2021 Refinitiv Lipper Fund Award winners and wish Manning & Napier continued success.”
Granted annually, the Refinitiv Lipper Fund Awards highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers, officials said.
Separately, Barron’s has recognized Manning & Napier as the best actively managed fund family in its Fund Families of 2020 ranking. The ranking evaluates the one-year relative performance of fund firms that offer a diversified lineup of actively managed mutual funds and ETFs. The results are based on the firms’ skills in active management.
“We are gratified to deliver excellent investment results for our clients during 2020, a most challenging year. For over 50 years, we have invested with a rigorous, consistent philosophy and disciplined well-honed research processes,” said Manning & Napier Chairman and CEO Marc Mayer. “Our goal is to provide the outcomes clients need over time, even though market environments vary greatly. The recognition from Barron’s is a testament to our people, values, culture, and the strength of our time-tested research disciplines.”
To be included in the ranking, firms must offer at least three active mutual funds or actively managed ETFs in the U.S. stock category; one in world equity; and one mixed-asset, such as a balanced or allocation fund. Firms also need to offer at least two taxable bond funds and one national tax-exempt bond fund. All funds must have a track record of at least one year. Passive index funds were excluded.