Munder Capital Management’s Mid-Capitalization Core Growth Strategy Named "Top Guns Manager of the Decade" for the Fourth Consecutive Year
Only Manager in PSN's Mid Growth Universe to Achieve that Recognition Four Years in a Row
BIRMINGHAM, Mich.--(BUSINESS WIRE)--Munder Capital Management, a leading money management firm serving institutional investors, today announced that its Mid-Capitalization Core Growth Strategy was named a "Top Guns Manager of the Decade" in the Mid-Cap Growth Universe by PSN, an independent investment manager performance database. PSN is a division of Informa Investment Solutions, Inc., a leading provider of solutions and custom services to financial institutions and investment professionals.
“We warmly congratulate Tony Dong and our mid-cap team for once again earning their place among this select group of managers”
Each year, PSN provides a comprehensive assessment of the quality and stability of investment managers by ranking manager performance over the course of 10 years. For the recent 10-year period ending December 31, 2012, the PSN Mid-Cap Growth Universe contained 118 firms and 153 institutional products. A "Top Guns Manager of the Decade" designation is achieved by PSN identifying investment managers in their database whose risk-adjusted performance profile is among the best for their respective universe for the prior 10-year period. Munder Capital is the only investment manager in PSN's Mid Growth universe to achieve the "Top Guns Manager of the Decade" designation for four consecutive years. "Top Guns" rankings are compiled for more than 50 investment style universes based on a PSN screening methodology that looks at several criteria.
"We warmly congratulate Tony Dong and our mid-cap team for once again earning their place among this select group of managers," said Jim FitzGerald, President of Munder Capital Management. "PSN is a well-regarded investment manager performance reporting and analytical service, and its rankings are widely followed in the financial services industry. Earning this designation four years in a row, especially considering the challenging market environment, certainly reflects well on our mid-cap team's constant focus on investment management excellence and style consistency."
According to Informa Investment Solutions, Inc., products must have an R-Squared of 0.80 or greater relative to the style benchmark for the 10-year period ending December 31, 2012. Moreover, products must have returns (gross of fees) greater than the style benchmark for the period and also Standard Deviation less than the style benchmark for the period. At this point, the top ten performers for the period were designated the PSN “Top Guns Manager of the Decade.”
"We certainly appreciate the ‘Top Guns Manager of the Decade’ recognition, which we credit to far more than just beating the style benchmarks," said Tony Dong, Vice Chairman, Chief Investment Officer and Lead Manager of Munder Capital's Mid-Cap Team. "At the core, it's a reflection of our disciplined investment process, the strength of our portfolio management team, and the rigor of our risk parameters that help reduce the variability of returns and highlights security selection.”
About Munder Capital Management
Munder Capital is an institutional investment management firm providing highly disciplined domestic and international equity as well as fixed income investment solutions. Together with its Integrity Asset Management affiliate, more than $15 billion* of investment assets (as of 12.31.12) are managed on behalf of corporations, retirement plans, insurance companies, municipalities, Taft-Hartley and mutual fund investors. Munder Capital offers products across various asset classes that span the risk and capitalization spectrums in multiple markets through separate accounts, commingled funds, and mutual funds. Based in Birmingham, MI with an office in Boston, Munder Capital is an independently owned firm and its employees represent a significant percentage of ownership, contributing to its client-centric culture. Integrity Asset Management (www.integrityasset.com) is a Rocky River, OH-based money management firm specializing in managing value-oriented equity strategies for institutional clients.
For additional information, please call 248-647-9200 or visit us at munder.com.
*Total assets under management consists of Munder Capital assets of $12.3 billion and Integrity assets of $3.2 billion, which includes approximately $447 million in Munder client assets sub-advised by Integrity.
Past performance does not guarantee future results
