TIAA Completes Acquisition of EverBank
Thrivent nabs two best overall trophies, while TIAA gets best overall large fund company for fifth straight year.
The end of December was a "dud" for flows into equity mutual funds, reports Jeff Tjornehoj of Lipper .
Eight mutual fund companies have been named Best In Group, winning the 2013 Lipper Fund Awards for the U.S., with TIAA-CREF and Delaware Management Company collecting the top group awards.
Lipper has revised its weekly municipal bond fund flows lower for the week ending Nov. 21 after an error with Goldman Sachs led the company to report higher flows.
An interactive list of all the funds to be honored, across all years of return and categories
Retirement-oriented managers take top awards; other victors include American Funds, Oakmark and Lord Abbett.
While commodities specialty funds had a stellar second quarter, precious metals fell more than 35%, according to the research group.
Investors continue to pour dollars into 40 Act products, looking for returns outside of U.S. borders and income from taxable fixed income funds.
Mutual funds continue to draw new money, although investors seem to be waning in recent enthusiasm.