AsianInvestor magazine announces the winners of its fourth annual Awards for Achievement in institutional funds management. Today we name the top houses in equity and balanced mandates.

Yesterday we named the winners in fixed income. Wednesday we will recognize the best in Asia-strategy hedge funds as well as service providers and domestic fund houses.

Commentary on the awards will appear in the upcoming April/May edition of AsianInvestor, and the winners will be celebrated at a black-tie dinner at the Conrad Hotel in Hong Kong on Friday, May 20. We will announce our "Institutional Investor of the Year" at the dinner.

To book your table, please contact Suzanne Sadler: (852) 2122 5246 or [email protected].

Global equity

1-year performance: no award

3-year risk-adjusted performance: GMO

5-year risk-adjusted performance: GMO

10-year risk-adjusted performance: Alliance Capital

US equity

1-year performance: Steinberg Asset Management

3-year risk-adjusted performance: JPMorgan Fleming

5-year risk-adjusted performance: JPMorgan Fleming

10-year risk-adjusted performance: Intech

European (including UK) equity

1-year performance: Invesco

3-year risk-adjusted performance: Bernstein (Alliance Capital)

5-year risk-adjusted performance: Fidelity Investments

10-year risk-adjusted performance: Goldman Sachs Asset Management

Japan equity

1-year performance: State Street Global Advisors

3-year risk-adjusted performance: Mitsui Asset Trust

5-year risk-adjusted performance: Sparx Asset Management

10-year risk-adjusted performance: Fidelity Investments

Asia ex-Japan equity

1-year performance: Merrill Lynch Investment Managers

3-year risk-adjusted performance: Principal Global Investors

5-year risk-adjusted performance: Comgest

10-year risk-adjusted performance: Fidelity Investments

Hong Kong equity

1-year performance: Allianz Global Investors

3-year risk-adjusted performance: Schroder Investment

5-year risk-adjusted performance: HSBC Asset Management

10-year risk-adjusted performance: Baring Asset Management

Singapore equity

1-year performance: Legg Mason Asset Management

3-year risk-adjusted performance: HSBC Asset Management

5-year risk-adjusted performance: Credit Agricole Asset Management

10-year risk-adjusted performance: First State Investments

Hong Kong capital stable

1-year performance: Schroder Investment

3-year risk-adjusted performance: Allianz Global Investors

5-year risk-adjusted performance: JF Asset Management

10-year risk-adjusted performance: no award

Hong Kong stable growth

1-year performance: Schroder Investment

3-year risk-adjusted performance: Allianz Global Investors

5-year risk-adjusted performance: JF Asset Management

10-year risk-adjusted performance: no award

Hong Kong total plan

1-year performance: Schroder Investment

3-year risk-adjusted performance: Credit Agricole Asset Management

5-year risk-adjusted performance: Credit Agricole Asset Management

10-year risk-adjusted performance: JF Asset Management