TIAA Global Asset Management

Lipper Names TIAA-CREF Best Overall Large Fund Group for Second Consecutive Year


Recognition highlights consistent three-year performance versus industry peers

NEW YORK, March 21, 2014 – For the second consecutive year, Lipper has designated TIAA-CREF as the Best Overall Large Fund Group, highlighting the firm’s commitment to offering best-in-class mutual fund products across asset classes.

The award recognizes TIAA-CREF for having the best overall risk-adjusted three-year performance versus other large fund families. The award was presented to Robert Leary, executive vice president, TIAA-CREF, and president, TIAA-CREF Asset Management, during the 2014 Lipper Fund Awards ceremony in New York on March 20, 2014. TIAA-CREF was one of 48 mutual fund families eligible for the award. 1

“The Lipper award reflects the strength and hard work of our investment team, as well as our ongoing commitment to delivering superior results for our clients over the long term,” said Leary. “Asset management has been a core competency of TIAA-CREF since our founding. This recognition underscores the strong investment culture we have built over time to serve our mission.”

TIAA-CREF mutual funds are built on more than 95 years of investment experience and a commitment to helping clients achieve lifelong financial well-being through a disciplined, research-based approach to asset management. The funds, which have some of the lowest expense ratios in the industry 2 , include equity, fixed income, target-date, target-risk and multi-asset class funds.

In addition to this accolade from Lipper, TIAA-CREF mutual funds also have strong Morningstar track records. Ninety-seven percent of TIAA-CREF’s funds and variable annuity accounts received a Morningstar overall rating of three, four or five stars across all asset classes. (As of Dec. 31, 2013, 43 percent have three stars, 37 percent have four stars, and 17 percent have five stars.). 3


TIAA-CREF ( is a national financial services organization with $564 billion in assets under management (as of 12/31/2013) and is the leading provider of retirement services in the academic, research, medical and cultural fields.

About the Lipper Fund Awards

The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards and the StarMine Broker Rankings. For more information, please contact  or visit

Media Contact:

Stewart Lewack