Chief correspondent of CBC News and anchor of "The National" Peter Mansbridge to host award dinner; Jim Cuddy of Blue Rodeo to perform
TORONTO, Nov. 13, 2014 /CNW/ - Morningstar Research Inc., a Canadian subsidiary of Morningstar, Inc. (NASDAQ: MORN), will host its annual Morningstar® Awards gala on Wednesday, Nov. 26, 2014, at the Fairmont Royal York Hotel in Toronto. The Morningstar Awards are designed to help investors identify the country's most exceptional funds and fund managers for the previous year.
Morningstar Awards are announced throughout the year around the world, honouring managers who have added the most value for investors. Fund and fund group nominees are selected based on sound quantitative methodologies that emphasize outperformance over one-, three-, and five-year periods.
The analyst-driven Fund Manager of the Year awards recognize managers who have not only achieved impressive risk-adjusted returns, but have also been strong stewards of shareholder capital over the long term. For the complete 2014 awards line-up, please visit http://www.investmentawards.com/awards/2014-awards-listing.
"Our goal is to recognize the best and brightest in the Canadian fund industry. Morningstar analysts sit on juries that decide many of the winners. We also convene some of the best fund analysts from across the country who together decide who they think have been exemplary performers over the past year and the long haul," Christopher Davis, director of manager research, active strategies for Morningstar Canada, said. "We look for widely available funds that have at least three years of performance. As we determine the winners, we also want to see a long track record, manager stability, and a sound process."
Peter Mansbridge, chief correspondent of CBC News and anchor of "The National," will host the awards dinner. Guests will also enjoy a special performance by Jim Cuddy of Blue Rodeo, a 13-time JUNO Award winner and Canadian Music Hall of Fame inductee. The evening will start with a networking cocktail reception, followed by the awards dinner and an after-party. Guests will have the opportunity to bid on exclusive items at a silent auction, proceeds of which will go to charitable beneficiary MusiCounts. Auction items will include signed guitars by iconic artists including Tom Petty, Bruno Mars, Rod Stewart, Katy Perry, and Ed Sheeran along with a behind-the-scenes tour of The Sports Network (TSN).
MusiCounts is a Canadian music-education charity associated with The Canadian Academy of Recording Arts and Sciences, the organization behind the nationally televised JUNO Awards. MusiCounts' mission is to provide students with access to comprehensive music programs in Canadian schools. For the fifth year in a row, the proceeds from all submission-based awards will be donated to MusiCounts.
The Morningstar Awards gala attracts more than 500 guests annually. Individual tickets are $359 plus HST and range from $3,500-$4,500 plus HST for a table of 10. Full event details, including online ticket sales, are available at www.investmentawards.com.
About Morningstar Research Inc. and Morningstar, Inc.
Morningstar Research Inc. is a Canadian subsidiary of Chicago-based Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar provides data on approximately 479,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 13 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $169 billion in assets under advisement and management as of Sept. 30, 2014. The company has operations in 27 countries.
©2014 Morningstar, Inc. All rights reserved.
Video with caption: "Video: 2013 Morningstar Awards Highlights Video". Video available at: https://www.youtube.com/watch?v=UFI-YMFWFGQ
Image with caption: "The 2010 Morningstar Canadian Investment Awards (CNW Group/Morningstar Research Inc.)". Image available at: http://photos.newswire.ca/images/download/20141113_C6735_PHOTO_EN_7891.jpg
Image with caption: "Colin Mochrie and Deborah McGrath hosted the 2011 Morningstar Canadian Investment Awards (CNW Group/Morningstar Research Inc.)". Image available at: http://photos.newswire.ca/images/download/20141113_C6735_PHOTO_EN_7892.jpg
Image with caption: "The Morningstar Awards raise funds for charitable beneficiary MusiCounts (CNW Group/Morningstar Research Inc.)". Image available at: http://photos.newswire.ca/images/download/20141113_C6735_PHOTO_EN_7893.jpg
SOURCE: Morningstar Research Inc.
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