Investment Advisor and its awards partners, Prima Capital and Standard & Poor’s, announced on March 30 the winners of the third annual Separately Managed Accounts Awards. The 2007 SMA awards are given this year to seven management teams, acknowledging their excellence in providing consistently strong performance, along with customization and tax efficiency, in separate accounts. In addition, William Fries of Thornburg Investment Management: Value Equity has the distinct honor of winning the award for the third consecutive year, while both the management teams of Appleton Partners: Tax-Exempt Municipal and KCM Investment Advisors Large-Cap GARP Equity have received the award two years in a row.
Using the comprehensive database and analytical rigor provided by the Standard & Poor’s SMA Evaluator, a short list of nominees was fielded from the more than 700 retail separately managed account products in the Prima Capital database. From the list of nominees, the SMA Awards committee that includes Standard & Poor’s Managing Director Phil Edwards, Prima Capital President J. Gibson Watson III, Investment Advisor Editor-in-Chief James J. Green, and Senior Editor Kathleen M. McBride selected this year’s award recipients.
To be considered for an award, each SMA portfolio had to:
- Be offered through a broad range of retail programs
- Have assets of at least $200 million under management