Post by Admin/YBB on Feb 18, 2022 13:52:53 GMT -6
Barron's Best Fund Families, 2022
OVERALL: 1-Sit, 2-AllianceBernstein, 3-Amundi Pioneer, 4-Pimco, 5-DFA, 6-Neuberger Berman, 7-Natixis, 8-Victory, 9-MainStay, 10-Fidelity, 11-Thrivent,..., 13-Price, 14-USAA,..., 19-John Hancock,..., 21-American Funds, 22-Lord Abbett, 23-Invesco, 24-American Century,..., 29-Nuveen,..., 32-Manning & Napier, 33-Federated,..., 40-BlackRock,..., 43-Vanguard,..., 51-Madison (last entry). Listed are top 10 and some familiar names.
WORLD EQUITY: 1-Amundi Pioneer, 2-Thrivent, 3-DFA, 4-Pimco, 5-Manning & Napier.
US EQUITY: 1-AllianceBernstein, 2-SIT, 3-Pimco, 4-DFA, 5-MainStay
MIXED ASSETS: 1-Victory, 2-Federated, 3-DFA, 4-Pimco, 5-Natixis
TAXABLE BONDS: 1-Amundi Pioneer, 2-American Century, 3-USAA, 4-Lord Abbett, 5-Sit
MUNI BONDS: 1-Nuveen, 2-Invesco, 3-Victory, 4-USAA, 5-John Hancock
FOR 5-YRS: 1-Fidelity, 2-Manning & Napier, 3-Columbia Threadneedle, 4-State Street, 5-Vanguard 6-Morgan Stanley, 7-Touchstone, 8-Pimco, 9-Virtus, 10-MFS
FOR 10-YRS: 1-Vanguard, 2-Pimco, 3-Nuveen, 4-Price, 5-MFS, 6-Putnam, 7-Virtus, 8-John Hancock, 9-Morgan Stanley, 10-Thrivent
Fund families included have at least 3 active mutual funds/OEF and ETFs (including smart-beta/factor), 1 world equity fund, 1 mixed asset fund, 2 taxable bond funds, 1 muni bond fund. A composite performance score was used for rankings.
Notable omissions due to not meeting requirements included Dodge & Cox, Janus, etc
There were several notable consolidations: Eaton Vance was bought by Morgan Stanley, BMO Asset Management by Columbia Threadneedle, Ivy Funds by Macquarie (previously bought Delaware Funds), etc.
www.barrons.com/articles/barrons-best-fund-families-51645201043?refsec=funds
NOTE. This was a difficult year and rankings show many surprises. Rankings were based on performance in multiple areas; they didn't include other factors such as service, etc. Many big firms lagged. Smaller and upstart firms did better. There were lots of shifts from previous years. Pimco led in 2.5 equity areas when it doesn't even have a genuine equity research department. And Pimco, a bond powerhouse, is missing in Top 5 for bonds. The firms will look at this data to see what happened. Investors shouldn't do anything except being amused by these rankings. For these firm rankings, Barron’s should headline only 3-yr rankings (instead of 1-yr) with 5-yr and 10-yr rankings also presented (as they were).
OVERALL: 1-Sit, 2-AllianceBernstein, 3-Amundi Pioneer, 4-Pimco, 5-DFA, 6-Neuberger Berman, 7-Natixis, 8-Victory, 9-MainStay, 10-Fidelity, 11-Thrivent,..., 13-Price, 14-USAA,..., 19-John Hancock,..., 21-American Funds, 22-Lord Abbett, 23-Invesco, 24-American Century,..., 29-Nuveen,..., 32-Manning & Napier, 33-Federated,..., 40-BlackRock,..., 43-Vanguard,..., 51-Madison (last entry). Listed are top 10 and some familiar names.
WORLD EQUITY: 1-Amundi Pioneer, 2-Thrivent, 3-DFA, 4-Pimco, 5-Manning & Napier.
US EQUITY: 1-AllianceBernstein, 2-SIT, 3-Pimco, 4-DFA, 5-MainStay
MIXED ASSETS: 1-Victory, 2-Federated, 3-DFA, 4-Pimco, 5-Natixis
TAXABLE BONDS: 1-Amundi Pioneer, 2-American Century, 3-USAA, 4-Lord Abbett, 5-Sit
MUNI BONDS: 1-Nuveen, 2-Invesco, 3-Victory, 4-USAA, 5-John Hancock
FOR 5-YRS: 1-Fidelity, 2-Manning & Napier, 3-Columbia Threadneedle, 4-State Street, 5-Vanguard 6-Morgan Stanley, 7-Touchstone, 8-Pimco, 9-Virtus, 10-MFS
FOR 10-YRS: 1-Vanguard, 2-Pimco, 3-Nuveen, 4-Price, 5-MFS, 6-Putnam, 7-Virtus, 8-John Hancock, 9-Morgan Stanley, 10-Thrivent
Fund families included have at least 3 active mutual funds/OEF and ETFs (including smart-beta/factor), 1 world equity fund, 1 mixed asset fund, 2 taxable bond funds, 1 muni bond fund. A composite performance score was used for rankings.
Notable omissions due to not meeting requirements included Dodge & Cox, Janus, etc
There were several notable consolidations: Eaton Vance was bought by Morgan Stanley, BMO Asset Management by Columbia Threadneedle, Ivy Funds by Macquarie (previously bought Delaware Funds), etc.
www.barrons.com/articles/barrons-best-fund-families-51645201043?refsec=funds
NOTE. This was a difficult year and rankings show many surprises. Rankings were based on performance in multiple areas; they didn't include other factors such as service, etc. Many big firms lagged. Smaller and upstart firms did better. There were lots of shifts from previous years. Pimco led in 2.5 equity areas when it doesn't even have a genuine equity research department. And Pimco, a bond powerhouse, is missing in Top 5 for bonds. The firms will look at this data to see what happened. Investors shouldn't do anything except being amused by these rankings. For these firm rankings, Barron’s should headline only 3-yr rankings (instead of 1-yr) with 5-yr and 10-yr rankings also presented (as they were).
