PineBridge Investments Wins Key Industry Award From Institutional Investor Magazine
Receives Global Balanced/Tactical Asset Allocation Award at US Investment Management Awards
NEW YORK, May 15, 2015 /PRNewswire/ -- PineBridge Investments ("PineBridge"), a leading global multi-asset class investment manager, has been named Global Balanced/Tactical Asset Allocation Manager of the Year at the Institutional Investor US Investment Management Awards. PineBridge received the award at a gala event on May 14, 2015 at the Mandarin Oriental Hotel in New York City.
Michael Kelly, Global Head of Multi-Asset at PineBridge, said, "Our team is honored to receive this award for an increasingly critical category. We benefit from having more than 220 investment professionals around the world that form PineBridge's global multi-asset ecosystem. We thank them for the teamwork and collaboration that has powered our platform and enabled this team recognition. Multi-Asset has evolved to become a total return strategy with sophisticated risk management techniques and has spearheaded many innovations. The next challenge will be helping clients navigate the lower nominal return environment that lies ahead."
The Institutional Investor US Investment Management Awards, now in their sixth year, recognize U.S. institutional investors for their innovative strategies, fiduciary savvy and impressive short and long-term returns, as well as U.S. money managers in more than 39 asset classes and strategies who stood out in the eyes of the investor community for their exceptional performance, risk management and service.
According to Institutional Investor, the winners were chosen from a short-list of top-performing managers across a range of investment strategies identified by the magazine's editorial and research teams in consultation with eVestment. More than 1,000 leading U.S. pension plans, foundations, endowments and other institutional investors were also surveyed and voted for the top-performing managers in each strategy over the past year.
As part of the awards ceremony, Institutional Investor featured the High Water Women Backpack Drive. PineBridge supported the drive and will send volunteers to the charity's backpack assembly in August.
About PineBridge Investments
PineBridge is a global asset manager with experience in emerging and developed markets, and investment capabilities in multi-asset, equities, fixed income and alternatives. PineBridge manages over US $75.9bn in AUM worldwide as of March 31, 2015. PineBridge's dedicated Multi-Asset team manages US $13.5bn by investing globally across all asset classes for the benefit of institutional and individual investors.
For more information, please contact:
PineBridge Investments
Monique McLemore / Ashley Leifer
+1 646-857-8579
[email protected]
SOURCE PineBridge Investments
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