Val de Vassal Receives Lipper Award for Excellence in Fund Management
Glenmede Investment Management PM Vladimir de Vassal
Receives Lipper Award for Excellence in Fund Management
Philadelphia, Pennsylvania – March 31, 2016 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.”
A Lipper Award for Excellence in Fund Management is awarded to candidates evaluated on criteria comprising total returns, risk-adjusted returns, expenses and tenure. 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.
The Glenmede Trust Company, N.A., (“Glenmede”) is among the nation's leading investment and wealth management firms with $32 billion of investable assets under management for high-net-worth individuals, families, family offices, endowment, foundation and institutional clients. Headquartered in Philadelphia, the firm has offices in Ohio, Delaware, New Jersey, New York and Washington DC. For further information, please visit www.glenmede.com.
About Glenmede Investment Management LP
Glenmede Investment Management LP (“GIM”) is a Philadelphia-based registered investment advisor and affiliate of The Glenmede Trust Company, N.A. (“Glenmede”). With approximately $13 billion of institutional assets under management, GIM offers its strategies through mutual funds and separate accounts. For further information, please visit www.glenmedeim.com.