GuideStone Capital Management® was recognized as a winner in the 2019 Best Places to Work in Money Management awards announced by Pensions & Investments today.
Presented by Pensions & Investments, the global news source of money management, the eighth-annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.
“We are honored and grateful to be recognized as a best place to work among America’s top money management firms,” said David Spika, who leads GuideStone Capital Management. “The results are even more impressive as they compare the anonymous, candid feedback of our employees and rate it against other firms in the money management field. We have always contended that we are a ministry that adopts best business practices, and we see that unique blend of ministry and business has been well-received by the employees who come serve our investors and participants each and every day.”
GuideStone Capital Management, LLC, serves as adviser to the award-winning1 GuideStone Funds®. Investment options are available to individual and institutional investors, as well as to participants in GuideStone’s retirement plans.
GuideStone president O.S. Hawkins echoed Spika’s comments.
“We are thankful for the opportunity to gauge our employees’ satisfaction with the best and brightest firms in the country,” Hawkins said. “At the end of the day, we know that our commitment, first and foremost, to honoring the Lord by being a lifelong partner with our participants in enhancing their financial security leads to a culture that draws people in. We know from our own internal surveys and in both formal and informal settings that our employees value the opportunity to put their education and experience to work in serving here at GuideStone®.”
Pensions & Investments partnered with Best Companies Group, an independent research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees.
The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies.
For a complete list of the 2019 Pensions & Investments Best Places to Work in Money Management winners and write-ups, go to pionline.com/BPTW2019.
About GuideStone Capital Management
GuideStone Capital Management serves as adviser to the award-winning1 GuideStone Funds. Investment options are made available to individual and institutional investors and to participants in GuideStone’s retirement plans. GuideStone Capital Management utilizes an active, multi-manager investment process to provide our investors with strategic access to the global financial markets. This enables individual and institutional investors to build well-diversified portfolios to meet their unique return objectives and risk tolerances. Find out more at GuideStoneFunds.com.
About Pensions & Investments
Pensions & Investments, owned by Crain Communications Inc., is the 47-year-old global news source of money management. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit us at pionline.com.
Roy Hayhurst is director of denominational and public relations services for GuideStone Financial Resources of the Southern Baptist Convention®.
1The GuideStone Funds family won the Lipper Fund Award for 2019 Best Overall Small Fund Family over 3 years (out of 29 eligible fund families as of November 30, 2018) based on risk-adjusted total return. The Lipper Fund Awards are one of the most prestigious awards in the industry, honoring funds and management firms who excel in providing consistently strong risk-adjusted performance relative to their peers.
There can be no guarantee that any strategy will be successful. All investing involves risk, including potential loss of principal.
Past performance does not guarantee future results. The Funds may experience negative performance.
Our first recognition as the Best Overall Small Fund Family came in 2012 for the Best Overall Small Company Award (out of 26 eligible fund families as of November 30, 2011). Of the 182 small fund families, only 26 met the standards to be considered for the Best Overall Small Fund Family with up to $40 billion in assets under management. At that time, fund groups with at least three equity, three bond and three mixed-asset classes were eligible for a Group Award, with the lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group determining the award winner over the three year period ended 11/30/2011. In case of identical results, the lower average percentile rank was determined the winner.
The U.S. Lipper Fund Award for Best Overall Small Fund Family is based on a review of 29 fund families for 2019 and based on risk-adjusted performance for the three-year period ended November 30, 2018.
In order to qualify for Lipper’s Overall Small Fund Family Group Award, a fund family will need to have at least three distinct portfolios in each of the following asset classes: equity, bond and mixed-asset. An overall Group Award will be given to the fund family with the lowest average decile ranking of its respective asset class results based on the three-year Consistent Return measure of the eligible funds per asset class and group. The Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure, is calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Lipper Fund Award. The Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. Additional information is available at LipperFundAwards.com.
Group Award Methodology: For the 2019 Lipper Fund Awards from Refinitiv, a small fund family is defined as having assets of $76.8 billion or less.
Lipper Fund Awards from Refinitiv, ©2019 Refinitiv. All rights reserved.
As of September 30, 2019, GuideStone Funds has $13.8 billion in assets, which makes GuideStone Funds the nation’s largest Christian-screened mutual fund family. No other fund family with a Christian screen exceeds GuideStone Funds in asset size.
You should carefully consider the investment objectives, risks, charges and expenses of the GuideStone Funds® before investing. A prospectus with this and other information about the Funds may be obtained by calling 1-888-GS-FUNDS (1-888-473-8637) or downloading one at GuideStoneFunds.com. It should be read carefully before investing.
GuideStone Funds shares are distributed by Foreside Funds Distributors LLC, not an advisor affiliate. Foreside is not a registered investment adviser and does not provide investment advice.