Lipper Recognizes MSIM Fixed Income Expertise
Several Morgan Stanley Investment Management funds were recently recognized for strong performance by notable publications including the New York Times, the Wall Street Journal, Barron's, Bloomberg, Associated Press and by Lipper's annual Mutual Funds Awards.
At the 2010 Lipper Fund Awards, Morgan Stanley Investment Management won the Best Large Bond Group in Europe category, based on three-year performance. In addition to the prestigious pan-European award, MSIM won country awards for Switzerland, the Netherlands and the Nordics.
The Lipper Fund Awards recognize funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. To qualify for the Large Group awards, fund groups must have at least five eligible funds per asset class, and the winner is determined by the lowest average decile rank of over three years.
In this case, the following funds contributed to MSIM's success in the bond category:
In addition to the Lipper Fund Awards, MSIM's American Franchise and Global Brands funds have been awarded "AAA" awards by Italian business daily "Milano Finanza" as category leaders in Italy.