Glenmede Investment Management Earns 2016 Lipper Fund Awards

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/11/2026

1. COO
2. ORCL
3. ADBE
4. CHWY
5. NVDA
6. AVAV
7. SPY
8. MSFT
9. USO
10. RH

March 31, 2016 9:00 AM EDT

Glenmede PM Vladimir de Vassal receives Lipper Award for Excellence in Fund Management; Large Cap Growth Fund recognized in Multi-Cap Core Category

PHILADELPHIA--(BUSINESS WIRE)-- Glenmede Investment Management LP (GIM), a privately owned, independent investment management firm affiliated with the Glenmede Trust Company, N.A., today announced that Vladimir “Val” de Vassal, CFA, Portfolio Manager, Quantitative Equity Strategies, received the 2016 Lipper Award for Excellence in Fund Management. This award recognizes outstanding asset managers who have delivered consistently strong risk-adjusted returns to their investors and, in the opinion of Lipper’s research analysts, represent the best of the funds industry. To qualify, managers had to have served a minimum of five years at a fund that is consistently top-rated by Lipper and is based on data compiled by Lipper through the end of 2015.

“We strive for consistency of investment performance and that requires a culture of continuous improvement,” said Peter Zuleba, President of Glenmede Investment Management. “During his almost 18-year tenure with Glenmede, Val has demonstrated our commitment to achieving strong returns for our investors. We are proud of this achievement, and to have Val and his team’s accomplishment recognized for excellence in fund management.”

The Glenmede Large Cap Growth Fund (GTLLX), co-managed by de Vassal and Paul Sullivan, CFA, also was named by Lipper the best multi-core cap fund for the three- and five-years ended November 30, 2015 among 231 and 210 funds, based on historical risk-adjusted returns. As of December 31, 2015, the fund had approximately $2,059 million in AUM.

GTLLX’s investment objective is based on seeking undervalued stocks with attractive fundamentals, coupled with a disciplined focus on limiting risk. Broadly diversified across sectors, industries and individual companies, the fund’s managers use proprietary multi-factor, sector-specific quantitative models to identify investments in large cap growth companies.

“Our quantitative investment philosophy and process are grounded in rigorous, ongoing testing and evaluation in an effort to deliver competitive long-term return,” said Zuleba. “We are honored to receive these recognitions from Lipper and remain committed to delivering value to our investors.”

Glenmede Investment Management received the awards at the 2016 Lipper Award ceremony, held on March 22nd, in New York City.

The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global collection of awards celebrating exceptional performance throughout the investment community. The Lipper Awards honor mutual funds, hedge funds and fund management firms that have delivered more consistent and stronger performance than their peers. Using a proprietary quantitative fund rating methodology, the Lipper Awards are performance based and objective.

About Glenmede Investment Management LP

Glenmede Investment Management LP (“GIM”) is an affiliate of The Glenmede Trust Company, N.A. (“Glenmede”).

Opinions expressed are subject to change at any time, are not guaranteed and should not be considered investment advice.

The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The Glenmede Funds’ prospectus contains this and other important information about the investment company, and it may be obtained by calling 1.800.442.8299, or visiting www.glenmedeim.com. Please read the prospectus carefully before you invest or send money.

Past performance is not a guarantee of future results.

Mutual fund investing involves risks: principal loss is possible. The Fund may invest in IPOs and the market value of IPO shares could fluctuate considerably due to factors such as the absence of a prior public market, unseasoned trading, the small number of shares available for trading, and limited information about the issuer. Diversification does not assure a profit or protect against loss in a declining market.

A Lipper Fund Award is awarded to one fund in each Lipper classification for achieving the strongest trend of consistent risk-adjusted performance against its classification peers over a three, five or ten-year period. A Lipper Award for Excellence in Fund Management is awarded to candidates evaluated on criteria comprising total returns, risk-adjusted returns, expenses and tenure.

Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Users acknowledge that they have not relied upon any warranty, condition, guarantee, or representation made by Lipper. Any use of the data for analyzing, managing, or trading financial instruments is at the user's own risk. This is not an offer to buy or sell securities. Lipper Analytical Services, Inc. is an independent mutual fund research and rating service.

The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings.

For more information, please contact [email protected] or visit excellence.thomsonreuters.com.

Glenmede Investment Management LP is the investment advisor to the Glenmede Funds, which are distributed by Quasar Distributors, LLC.

Prosek Partners for Glenmede Investment Management LP
Jill Gordon, 212-279-3115 X226
[email protected]

Source: Glenmede Investment Management LP


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases

Related Entities

Hedge Funds, IPO