CLEVELAND, Nov. 8, 2019 /PRNewswire/ -- KeyBank
Institutional Advisors today announced that it has won "Outsourced
Chief Investment Officer (OCIO) of the Year and "Fund of the Year"
at Fundmap's 2019 Institutional Asset Management Awards in
New York City.
The Institutional Asset Management Awards are designed to
recognize the superior firms serving the North American
institutional market. The winners were selected by an independent
panel of buy-side judges who cast votes for the top managers and
consultants serving three different classes of investors:
foundation and endowment managers (F&Es) with more than
$1 billion in assets, F&E
managers with under $1 billion in
assets, and pension plans.
KeyBank Institutional Advisors was selected as "OCIO of the
Year" from a shortlist of four talented OCIO providers using a
range of criteria, which included investment performance and client
case studies illustrating how advice provided by OCIOs have made a
significant impact on returns for institutional clients.
The "Fund of the Year" award recognizes KeyBank Institutional
Advisors investment strategy for foundations and endowments for
performance and excellence across various nonprofit funds over the
past 12 months. Criteria included returns over one, three- and
five-year periods as well as how the fund has implemented
investment plans over the past 12 months and how it has integrated
ESG within the fund strategy. KeyBank Institutional Advisors
was selected among four finalists by independent consultants and
asset managers.
"We are honored to win both of these awards as recognition of
the quality of our advice, investment management and investment
performance we offer to our nonprofit and institutional clients,"
said Cathy O'Malley Kearney, head of
KeyBank Institutional Advisors.
About KeyBank Institutional Advisors
KeyBank
Institutional Advisors serves nonprofits, defined benefit plans,
corporations, government agencies and Tribal Nations providing
advisory, investment management, trust administration, customized
credit and banking services. KeyBank Institutional Advisors
has $11.2 billion AUM and
$38.4 billion in AUA at September 30, 2019.
About KeyCorp
KeyCorp's (NYSE: KEY) roots trace
back 190 years to Albany, New
York. Headquartered in Cleveland,
Ohio, Key is one of the nation's largest bank-based
financial services companies, with assets of approximately
$146.7 billion at September 30, 2019. Key provides deposit,
lending, cash management, and investment services to individuals
and businesses in 15 states under the name KeyBank National
Association through a network of over 1,100 branches and more than
1,500 ATMs. Key also provides a broad range of sophisticated
corporate and investment banking products, such as merger and
acquisition advice, public and private debt and equity,
syndications and derivatives to middle market companies in selected
industries throughout the United
States under the KeyBanc Capital Markets trade name. For
more information, visit https://www.key.com/. KeyBank is Member
FDIC.
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SOURCE KeyCorp