TORONTO, April 29 /CNW/ - DundeeWealth Inc. ("DundeeWealth") (TSX: DW)
was recognized for achievements in both its analyst research and investment
management divisions at the 2009 Lipper Fund and StarMine Analyst Awards.
Dundee Capital Markets earned seven awards including four first place Stock
Picker trophies and a first place Earnings Estimator award, while Dynamic
Funds ("Dynamic") maintained its competitive edge at the annual event with 11
Fund of the Year awards.
"It is quite exceptional for both the buy and sell sides of our business
to be able to celebrate their achievements together," said David Goodman,
President and Chief Executive Officer of DundeeWealth Inc. "One of the common
threads across our diversified lines of business is a commitment to fully
understanding the fundamentals of the companies we study and we invest in,
which has been recognized by Lipper and StarMine. While the recent market
environment has presented unprecedented challenges, our people - our
intellectual capital - are best-in-class and they will continue to produce
industry leading results on behalf of our clients."
The following Dundee Capital Markets analysts were ranked first in their
respective coverage sectors by StarMine based on the return of their stock
- Paul Burchell - Metals & Mining
- John Aiken - Financial Services
- Victor Rodberg - Oil & Gas - Royalty Trusts
- David Martin - Health Care
John Aiken was also named Number One Earnings Estimator in the commercial
banks industry. In addition, top stock picker awards were picked up by Arinder
Mahal for the IT Equipment industry and David Martin for the Best Overall
category. Dundee Capital Markets took home the most awards within the Canadian
independent brokerage group.
The following Dynamic mutual funds were recognized for delivering
consistently strong risk-adjusted performance, relative to their peers for the
1- or 3-year period:
- Dynamic Focus+ Energy Income Trust Fund - Oscar Belaiche and
Andrew Taylor (1-year)
- Dynamic Focus+ Small Business Fund - Oscar Belaiche and Jason Gibbs
(1-, 3-, 5-year)
- Dynamic Power Small Cap Fund - Alex Lane (3-year)
The longer term performance of David L. Fingold's Dynamic American Value
Fund and David Taylor's Dynamic Value Fund of Canada were both distinguished
with 5- and 10-year period awards. While the Dynamic Global Discovery Fund and
Dynamic Value Balanced Fund were recognized for their performance over the
5- and 10-year periods respectively.
About DundeeWealth Inc.
DundeeWealth is a Canadian owned, independent wealth management company
that oversees $52.6 billion in fee earning assets. It provides diversified
wealth management and investment solutions including alternative and
tax-advantaged products, capital markets and advisory services to financial
advisors, institutions, corporations and foundations, and innovative wealth
management through independent financial advisors across Canada. Its award
winning investment brand, Dynamic Funds, managed by Goodman & Company,
Investment Counsel Ltd., is also available outside of Canada through
distribution platforms in Europe and the United States. DundeeWealth is listed
on the Toronto Stock Exchange (TSX: DW).
Dynamic Funds is a registered trademark of Dundee Corporation, used under
For further information:
For further information: Myra Reisler, Manager, Media Relations,
DundeeWealth Inc., (416) 365-5370