New York, NY (PRWEB) August 21, 2013
Oppenheimer Funds and Putnam Investments have been named the winners of the 11th annual Nova Awards, which recognize innovation in the investment management industry.
In addition, James Tracy, Director of Consulting Group Wealth Advisory Solutions at Morgan Stanley Wealth Management, has been selected the winner of this year’s Nova Award for Visionary Leadership.
The Nova Awards program is a joint initiative of Money Management Executive, a SourceMedia information resource serving asset management executives, and NICSA, a nonprofit trade association that provides educational programs and other information for the operations sector of the global investment industry.
Money Management Executive will provide complete coverage of the 2013 NOVA Award winners on September 16, in its print edition and online at http://www.MMExecutive.com. The awards will be presented at NICSA’s General Membership Meeting on October 20 in Boston.
“Each year, the NOVA Awards program highlights NICSA’s commitment to innovation and achievement within the global investment management community through the recognition of industry leaders who have set their organizations apart by exemplifying outstanding service, embracing new technologies and streamlining back office processes,” said Fred Naddaff, Chair of NICSA’s Board of Directors.
Nova Awards are given in four categories: Innovation in Customer Experience, Creativity in Marketing Operations, Innovation in Back-Office Efficiencies and Visionary Leadership. Honorable mentions are also named in each category.
Innovation in Customer Experience
Putnam Investments is this year’s winner; Janus Capital Group receives an honorable mention.
Creativity in Marketing Operations
Putnam Investments is again the winner; IndexIQ receives an honorable mention.
Innovation in Back-Office Efficiencies
Oppenheimer Funds is the winner; SEI Investments receives an honorable mention.
James Tracy of Morgan Stanley is the winner; Charles Rizzo, Senior Vice President and Chief Financial Officer for John Hancock Funds, receives an honorable mention.
Each year, Money Management Executive and NICSA conduct a call for Nova Award nominations. All entries are submitted to an independent panel of industry experts recruited by NICSA. Those judges select the winners.
“The Nova awards recognize the tremendous operational innovation we continue to see as asset management executives embrace new ideas to better serve their clients," said Bruce Morris, Executive Vice President and Managing Director of SourceMedia’s Professional Service Group, which includes Money Management Executive.
About Money Management Executive
Money Management Executive is an information resources focused on the mutual fund and money management industry. Its website at http://www.MMExecutive.com and weekly newsletter deliver exclusive news and analysis on money managers’ sales and marketing strategies, as well as asset management trends; operations and technology, and compliance.
SourceMedia, an Investcorp company, is a business-to-business media company serving the financial industry and the related fields of professional services and technology. SourceMedia offers its clients and subscribers professional information services – both print and digital – industry-standard data applications, in-depth seminars and conferences, research, and specialized marketing services.
NICSA is the leading provider of independent education and networking forums to professionals in the global investment management community. It is a network of nearly 10,000 business professionals from within the investment management industry and the firms that support the industry, including mutual fund complexes, investment management companies, custodian banks, transfer agents and independent providers of specialized products and services. The Association consists of corporate member firms with offices operating in major financial centers around the world.