Envestnet, and Investment Advisor magazine have announced their list of finalists for the 2020 Asset Manager and Strategist of the Year Awards. Now in its 16th year, the awards program recognizes high-conviction portfolio managers that exemplify investment management best practices.
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To be eligible for the Asset Manager and Strategist of the Year Awards, a manager must have at least three years of experience and $200 million in assets under management. The manager’s strategy must also be open to new investors, and broadly available on the Envestnet platform.
As in previous years, finalists were chosen from hundreds of portfolio managers in each category using the systematic, proprietary, and multi-factor evaluation methodology developed by Envestnet | PMC (https://www.investpmc.com/), Envestnet’s Portfolio Management Consultants group. A broad spectrum of qualitative and quantitative criteria are considered during the selection process, including performance, investment process and style, composite, firm profile, tax efficiency, and customer service.
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“We are proud to team up once again with Investment Advisor to shine a spotlight on managers and strategists that truly go above and beyond for investors,” said Tim Clift, Chief Investment Strategist of Envestnet | PMC. “All of this year’s award finalists have shown that active management can reap significant rewards for investors. Highlighting what drives their performance is a vital service for the asset management industry.”
In addition to the seven categories, an overall Manager of the Year exemplifying investment management excellence will be chosen from among the winners. All award recipients will be featured in the July 2020 issue of Investment Advisor.
Award winners are usually announced during the Envestnet Advisor Summit, which has been canceled this year due to health and safety concerns stemming from the COVID-19 pandemic. However, Envestnet is planning to provide financial professionals with digital access to Advisor Summit content on-demand. This year’s Asset Manager and Strategist of the Year Award winners will be announced during the digital on-demand presentation of Envestnet Advisor Summit content. For more information, please visit https://www.envestnet.com/advisorsummit/.
