Corrections & Clarifications
Manning & Napier Advisors was omitted from the overall ranking of managers in the May 12 issue. With $4.931 billion in U.S. institutional tax-exempt assets, Manning & Napier would have ranked 156th.
The Massachusetts Investors equity fund managed by MFS Investment
Management was missed in the May 26 report on mutual funds most used by defined contribution plans. The fund's performance would have placed it on both lists of equity returns. For the one-year period ended March 31 it returned 19.9%, and for the five years, an annualized 16.7%.
In a June 9 story, a reference to Trilogy Capital Management, Princeton, N.J., omitted the word Trilogy.
Polaris Capital Management Inc.'s global equity composite was omitted from the June 9 PIPER report. The separate account composite returned 5% for the first quarter; 27.7% for the year ended March 31; and an annualized 21.8% and 19.1% for the three-and five-year periods, respectively.