It’s award season again in ETF Land.
Capital Link held its 11th annual Closed-End Funds and Global ETFs Forum yesterday at its traditional home New York’s Metropolitan Club. During the conference Capital Link delivers awards to both the closed-end fund and ETF industries. However, I’m just listing the ETF awards. The awards are based on nominations by a committee of analysts and industry specialists who actively follow the products. Capital Link isn’t part of the nominating committee nor can members of the committee be candidates for the awards.
Capital Link’s award for Most Innovative ETF in 2011 went to the WisdomTree Managed Futures Strategy Fund (WDTI).
iShares won two awards: Best Shareholder Relations for best financial disclosure and proactive shareholder communications and Best Investor Relations ETF Website for most informative and user friendly financial Website.
The Most Innovative Index went to the Russell-Axioma IS Large Cap Low Volatility Index (LVOL).
Jan Van Eck, the president of Market Vectors ETFs, won the award for biggest contribution to the ETF sector in 2011. No explanation of the contribution was given, but audience members suggested it was for killing the Holdrs products.
In the category of awards to ETF analysts, Morgan Stanley Smith Barney won for best research team in both the ETF and closed-end fund industries. The team consists of Michael Jabara, David Perlman and Stephen Minar. Mariana Bush of Wells Fargo Advisors won the award for the analyst who made the biggest contribution to the ETF sector last year. She also tied for contribution to the closed-end fund sector with Jon Maier of Bank of America Securities – Merrill Lynch.