Page 25 - Investment Advisor June 2022

portfolio manager should have $200 mil-
lion in assets and three years of expe- Winners and Finalists for the 2022 Asset Manager
rience (this can fluctuate according to of the Year Awards
robustness of each category, Clift noted.)
The managers also need to be open to new Large-Cap Equity
investment on the Envestnet platform. • Winner: Alley Company – Alley Dividend Portfolio
Although stellar performance is a key • Winner: Wakefield Asset Management – Wakefield Large Cap Equity
ingredient in selecting winners, there • John Hancock Asset Management – Fundamental Large Cap Core
are other considerations. Judges aren’t • Raub Brock Capital Management – Raub Brock Dividend Growth
just selecting winners who have had a
“hot” year, but had been consistent in Small/SMID/Mid-Cap Equity
performance, Clift noted. • Winner: Congress Asset Management – Congress Mid Cap Growth
Demand and success also are includ- • Winner: Tributary Capital Management – Tributary Small Cap
ed. That is, analysts and the judging • Geneva Capital Management – Geneva Mid Cap Growth
committee like to see a steady accumu- • Impax Asset Management – Pax Small Cap
lation of growth and “a lot of underlying
holders, rather than just a few,” Clift Global, International and Emerging Market
said. “That makes it much more robust • Winner: Acadian Asset Management – Acadian International ADR SMA
and reduces concerns about outflows • J O Hambro Capital Management – J O Hambro Emerging Market
from a single investor.” Opportunities Fund
As noted above, sustainable investing
has grown in attention and investment Sustainable
since the category was introduced in
2016. Any future categories added will • Winner and Manager of the Year: Schroders – Hartford Schroders
likely be in this space, Clift said. International Stock Fund
• Trillium Asset Management – Trillium ESG Small/Mid Cap Core Managed Account
CHOOSING THE FINALISTS Liquid Alternatives
For 18 years, Investment Advisor and
Envestnet | PMC have partnered to find, • Winner: Capital Wealth Planning – Capital Wealth Enhanced Dividend
select and honor the Asset Managers of Income Portfolio
the Year in multiple categories. • AlphaSimplex Group – AlphaSimplex Managed Futures Strategy Fund
The selection process, which takes Multi-Asset Strategist
about two months, begins with the
Envestnet team of analysts who research • Winner: SSI Investment Management – SSI Flexible Allocation Portfolio
each category for best-in-class managers • Sage – Sage Advisory Tactical ETF Strategy
by using several metrics. In addition, the
analysts meet with most management Fixed Income
teams to narrow the field in each catego- • Winner: Federated Hermes – Federated Hermes Total Return Bond Fund
ry, which is between 30 to 200 managers. • Capital Group – American Funds Bond Fund of America
This year, as last, meetings were done by
video conference due to the pandemic. Specialty
The analysts make detailed presen- • Winner: Lazard Asset Management – Lazard Global Listed Infrastructure Fund
tations of top choices to the judging • Nuveen – Nuveen Preferred Security & Income Fund
committee, which then deliberates and
votes on the winners. The selection
committee consists of Envestnet | PMC Advisor Editor-in-Chief Janet Levaux; nies — including 18 of the 20 largest
Chief Investment Strategist Tim Clift; and Managing Editor Ginger Szala. U.S. banks, 47 of the 50 largest wealth
Managing Director Erik Preus, CFA; Envestnet’s technology and services management and brokerage firms, over
Dana D’ Auria, Co-Chief Investment are currently used by roughly 108,000 500 of the largest RIAs, and hundreds of
Officer Dana D’ Auria; Investment advisors and more than 6,000 compa- fintech firms companies.

JUNE 2022 INVESTMENT ADVISOR 23