The 2019 Lipper Fund Awards from Refinitiv honoured four asset management companies with group awards on Thursday night in Toronto.
The awards ceremony recognizes mutual funds and ETFs that deliver consistently strong risk-adjusted performance relative to their peers. Additionally, the awards recognize fund families with high average scores for all funds within a particular asset class and overall.
For mutual funds, Phillips, Hager & North, a division of Toronto-based RBC Global Asset Management Inc. (RBCGAM), was named best overall group and best bond group. RBCGAM also received seven awards for individual mutual funds.
Mawer Investment Management Ltd. won the mutual fund group awards for equity and mixed assets. The Calgary-based fund manager received six additional awards for individual mutual funds.
For ETFs, Toronto-based Horizons ETFs Management (Canada) Inc. won the bond group award and received five awards for individual ETFs. Toronto-based TD Asset Management Inc. was named best equity group.
Full coverage of Lipper award winners is available online.