BlackRock, J.P. Morgan Asset Management, Pictet Asset Management and Robeco were announced as the major category winners of the 2021 Broadridge Distribution Achievement Awards, presented at the ALFI Global Distribution Conference held on 21 and 22 September, according to a Wednesday press release issued by ALFI, which represents the Luxembourg fund industry.
UBS Asset Managers and Candriam Investor Group were among the “Fastest Risers”.
Robeco was named as the leading group in the environmental, social and governance (ESG) and socially-responsible investing (SRI) award, winning it for the fourth year running. Natixis was received the “Fastest Riser” in this category, in part due to the number of its subsidiaries working in this area.
Recognising excellence
The Broadridge Distribution Achievement Awards were founded 5 years ago to “to recognise excellence in fund distribution”. They are also intended to “celebrate the hard work and resourcefulness of marketing, sales, and client service teams in the European fund distribution market.”
“The nominees and winners of this year’s awards have all exhibited the focus and agility necessary to rise to the top in a fiercely competitive marketplace, while differentiating their value proposition to provide a meaningful, best-in-class service to their clients,” said Lynn Pattinson, Senior Editor, Broadridge Global Insights, quoted in the ALFI release.
Crucial role for Luxembourg
“Over the past three decades, Luxembourg has played a crucial role in opening up markets for international fund distribution and facilitating access to investments globally. The past twelve months have been nothing short of extraordinary: an entire year’s worth of decisions were influenced by the pandemic in one form or another. Today, we honour the asset managers who have contributed towards raising the standards of asset management in a post-pandemic world,” said Camille Thommes, Director General of The Association of the Luxembourg Fund Industry (ALFI), also in the same release.
According to ALFI, the awards are selected on the basis of responses from over 800 of Europe’s leading third-party fund selectors from Broadridge’s Fund Buyer Focus interviews conducted year ending June 2021.“The interviews seek to pinpoint the changing demands of Europe’s key fund distribution influencers, and to identify the fund providers that are delivering best-in-class standards.”
According to ALFI, these fund selectors represent around €3 trillion of third-party client assets in Europe and provide a representative voice of investors in the ten markets they serve.
Read the full ALFI press release.