SOURCE: SourceMedia

Money Management Executive

May 20, 2010 09:05 ET

Money Management Executive Announces 2010 Fund Operations Award Winners

Leaders From ICI, Franklin Templeton and Putnam Lead Roster of Honorees

NEW YORK, NY--(Marketwire - May 20, 2010) -  Money Management Executive, a SourceMedia publication for executives in the asset management industry, today announced the winners of the 8th Annual 2010 Fund Operations Awards. The awards were presented during the National Investment Company Service Association's General Membership Meeting in Boston.

This year's awards program recognized achievements in three categories -- Visionary Leadership, Innovation in Customer Service and Attaining Back Office Efficiencies and Streamlining Operations. The awards are co-sponsored by NICSA, which provides educational programming and information for the operations sector of the global investment industry. The winners were selected by an independent panel of judges.

"While many investors' attention is rightly focused on the global economy and market conditions, it's important and reassuring to take a moment to recognize the less-visible, but still crucial work being done by asset managers on their behalf," said Michael Stanton, EVP and Managing Director of SourceMedia's Capital Markets Group. "The winning companies are embracing new technologies and business models to boost efficiency and transparency -- and enhance shareholder value."

In the visionary leadership category, Donald J. Boteler, Vice President of Operations and Continuing Education at Investment Company Institute, received top honors. Other winners were John Hancock Funds President and CEO Keith F. Hartstein and Gemini Fund Services CEO Michael Miola.

Honorees for Innovation in Customer Service were led by Franklin Templeton Investments' Senior Vice President Global Client Marketing David M. McSpadden. DST Systems' SalesConnect team won second place and PNC and MetLife Broker-Dealer Services rounded out the field.

Putnam Investments received top honors for Back Office Efficiencies and Streamlining, joined by John Hancock Signature Services and DST Systems.

Serving as this year's judges were: T. Neil Bathon, Founder, FUSE Research Network; Geoffrey H. Bobroff, President, Bobroff Consulting, Inc. and Independent Chairman, Matthews Asia Funds; George Gorman, Board Director, NICSA; Charlie O'Neill, President, Diversified Management Resources; and Kathleen Whalen, Managing Director, Dalbar, Inc.

Further details on all nine winners are available at http://www.mmexecutive.com.

About Money Management Executive
Money Management Executive (www.mmexecutive.com) dispenses breaking news and in-depth industry analysis of the events and issues affecting the mutual fund and money management industry. Each weekly issue contains intelligence on sales and marketing strategies, changes taking place affecting compliance and operations, interviews with asset management leaders and more.

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