Now In Its 20th Year, Envestnet's Asset
Manager of the Year Awards Program Recognizes Top Performing
Portfolio Managers with Standout Strategies
BERWYN,
Pa., May 15, 2024 /PRNewswire/ -- Envestnet,
Inc. (NYSE: ENV) announced the winners of its 2024 Asset
Manager of the Year Awards during a ceremony at the company's
annual Elevate conference. Among the distinguished winners,
Causeway Capital Management earned the prestigious title of Manager
of the Year for its Causeway International Value ADR Strategy.
"Congratulations to Causeway Capital Management for being named
Manager of the Year, and to all our category winners for their
outstanding performance and strategic flexibility over the past
year amid the continuous ebb and flow of market noise," said
Dana D'Auria, CFA, Co-Chief Investment Officer and Group
President of Envestnet Solutions. "Beyond delivering
exceptional results, this year's winners have distinguished
themselves by pushing the boundaries of investment strategies. They
continue to set new benchmarks for excellence and innovation—and
the ultimate winners are investors and the industry."
Before selecting Causeway Capital Management as Manager of the
Year, Envestnet | PMC's 28-member research and due diligence team
conducted a thorough review of its peers in the international,
global, and emerging markets equity space. With a focus on managers
who demonstrated strong performance in the calendar year 2023,
other criteria included having a high-quality investment team, a
disciplined and repeatable process, a clear alpha thesis, and a
sustainable competitive advantage. Additionally, long-term
performance and the stability of the firm were key considerations
in determining the overall Manager of the Year and category
winners.
Envestnet previously announced this year's finalists earlier
this month.
List of Category Winners
Fixed Income
- PIA Intermediate Core Plus Strategy
Global, International, Emerging Market
- Brandes International Equity ADR SMA
- Causeway International Value ADR Strategy
Large Cap Equity
- Jennison Large Cap Growth SMA
- Columbia Contrarian Core SMA
Liquid Alternatives
- Vanguard Market Neutral (VMNIX)
Small, SMID, Mid Cap
- Baron Small Cap Fund
- Principal Edge SMID Dividend Income
Specialty
- Baron Real Estate Fund (BREIX)
Sustainable
- ClearBridge Large Cap Growth ESG
Multi-Asset Strategist
- GLOBALT innovatETF Portfolios
About Envestnet
Envestnet is helping to lead the growth of wealth managers and
transforming the way financial advice is delivered through its
ecosystem of connected technology, advanced insights, and
comprehensive solutions – backed by industry-leading service and
support. Serving the wealth management industry for 25 years with
more than $6 trillion in platform
assets—more than 109,000 advisors, 17 of the 20 largest U.S. banks,
48 of the 50 largest wealth management and brokerage firms, more
than 500 of the largest RIAs -- thousands of companies, depend on
Envestnet technology and services to help drive business growth and
productivity, and better outcomes for their clients. Data as
of 3/31/24.
Envestnet refers to the family of operating subsidiaries of the
public holding company, Envestnet, Inc. (NYSE: ENV). For a deeper
dive into how Envestnet is shaping the future of financial advice,
visit www.envestnet.com. Stay connected with us for the latest
updates and insights on LinkedIn and X (@ENVintel).
MEDIA CONTACTS:
Amy Norcini
Envestnet
Amy.Norcini@envestnet.com
Andrew Jennings | JConnelly for
Envestnet
envestnetpr@jconnelly.com
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SOURCE Envestnet, Inc.