TIAA-CREF’s Bill Riegel, head of global equities, discussed our Lipper Fund Award for 2013 Best Overall Large Fund Company on InvestmentNews TV. The interview highlights company’s recognition for outstanding three-year risk-adjusted investment track record and factors driving the equity markets in 2013.
In calculating the awards, Lipper considered funds registered for sale in the United State with at least 36 months of performance as of the end of the calendar year of the respective evaluation year. Fund groups with at least five equity, five bond, or three mixed-asset portfolios were eligible for an overall group award. The award is given to the group with the lowest average decile ranking of three years’ Consistent Return measure of the eligible funds over the three-year period ended 11/30/12. TIAA-CREF was ranked against 36 fund companies.
Past performance does not guarantee future results.
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