first_img Two fund companies dominated the overall fund awards as well as individual fund honours at the 2016 Lipper Fund Awards in Toronto on Wednesday. IIAC introduces judges for Top Under 40 Award hyperspeed/123RF NEO, Invesco launch four index PTFs The awards recognize funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. In addition, the program recognizes fund families with high average scores for all funds within a particular asset class or overall. Phillips, Hager and North Investment Management, a division of Toronto-based RBC Global Asset Management Inc. (RBC GAM), was named best bond funds group and best overall fund group in Canada. RBC GAM received 11 awards for various individual funds, which made it the top individual fund award winner. “These awards reflect the consistent focus and discipline of our investment teams,” says Dan Chornous, chief investment officer with RBC GAM, in a statement. “As an active manager in rapidly changing markets, our approach embeds the principle of constant innovation — we continually seek to refine and enhance our investment process to create a compelling risk/reward proposition for our clients.” Calgary-based Mawer Investment Management Ltd. also earned top marks in the overall fund categories as the firm was named best overall equity funds group and best overall mixed assets funds group. In addition, Mawer received 10 awards for various individual funds. Toronto-based Fidelity Investments Canada ULC tied with Mawer in individual fund honours, with its 10 awards. A total of 24 fund companies were honoured at the awards ceremony, which is a part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The full list of Canadian winners is available on the Lipper Fund Awards’ website. Photo copyright: hyperspeed/123RF Keywords Fund managers,  Awards Franklin Templeton renames funds with new managers Facebook LinkedIn Twitter Phillips, Hager & North take overall group Lipper award Share this article and your comments with peers on social media Related news Tessie Sanci last_img read more