Kansas City, MO (Vocus) April 22, 2010
American Century Investments and its Founder James Stowers Jr. were honored at the Mutual Funds Against Cancer (MFAC) Expect Miracles Awards, held in conjunction with the 17th Annual Mutual Fund Industry Awards. The dual recognition program was on April 15, 2010 in New York City.
James Stowers Jr. received the MFAC Lifetime Achievement Award, which recognizes an individual who has demonstrated long-standing personal leadership in cancer advocacy. A cancer survivor, Stowers and his wife Virginia founded and endowed the Stowers Institute for Medical Research (SIMR), a world-class biomedical research facility committed to finding treatments and cures for gene-based diseases including cancer. The SIMR endowment’s ownership of American Century Investments stock results in more than 40 percent of company profits going toward medical research.
Separately, American Century Investments received the Company for a Cure Award, which recognizes a mutual fund firm for an innovative initiative or event in 2009 that helped further cancer awareness. Specifically, the company was recognized for the 2009 American Century Championship, which raised awareness of the LIVESTRONG Global Cancer Summit and its cancer survivorship mission.
“This recognition by our industry peers is a tremendous honor for the entire American Century Investments team,” said Jonathan Thomas, president and chief executive officer of American Century Investments. “It is particularly gratifying to see our founder Jim Stowers recognized for his support for research that could lead to cures for cancer and other devastating diseases. His generosity and selflessness continue to inspire the client-centric culture that has been the hallmark of American Century for the past 50 years.”
American Century Investments is a leading privately-held investment management firm, committed to delivering superior investment performance and building long-term client relationships since 1958. Serving investment professionals, institutions, corporations and individual investors, American Century Investments offers a variety of actively managed investment disciplines through an array of products including mutual funds, institutional separate accounts, commingled trusts and sub-advisory accounts. The company's 1,300 employees serve clients from offices in New York; London; Hong Kong; Mountain View, Calif. and Kansas City, Mo. James E. Stowers Jr. is founder of the company, Jonathan S. Thomas is president and chief executive officer and Enrique Chang is chief investment officer. Through its ownership structure, more than 40 percent of American Century Investments' profits support research to help find cures for genetically-based diseases including cancer, diabetes and dementia.
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American Century Investment Services, Inc., Distributor
©2010 American Century Proprietary Holdings, Inc.