TIAA-CREF placed in the top eight for one-year and in the top 12 for the five-year performance rankings in the recently-released Barron’s/Lipper Fund Family Survey.
The one-year performance ranking demonstrates our consistent approach to investing, with TIAA-CREF placing eighth out of 67 fund families for 2015. The five-year ranking places TIAA-CREF 12th out of 58 fund families. This performance reflects consistent results achieved by TIAA-CREF’s Asset Management team.
“Our investment teams continue to gain industry recognition for delivering exceptional long-term performance through some challenging markets on behalf of our clients,” said Rob Leary, CEO, Asset Management. “TIAA-CREF Asset Management is recognized as a word-class investment manager with the expertise and dedication to delivering excellent long-term performance. The Barron’s/Lipper recognition is the latest achievement underscoring the strong and disciplined investment culture we have built to help our clients meet their objectives.”
The rankings are quantitative and based on Lipper performance data. Each fund family is given an asset-weighted score within the five asset classes: U.S. Equity, World Equity, Mixed Equity, Taxable Bond and Tax-Exempt Bond, and the asset class score is then weighted by its size within the Lipper universe.TIAA-CREF does not qualify for the 10-year ranking.