Institutional Investor wins five ASBPE awards

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Monday 13 August 2007

Institutional Investor has marked its 40th anniversary by picking up five prizes at this year's prestigious National Awards of Excellence, organised by the American Society of Business Publication Editors (ASBPE).

The financial title, owned by Euromoney Institutional Investor, the international B2B media arm of DMGT, was recognised for the high standard of both its editorial content and its design.

The ASBPE competition is the largest in the USA's business publishing sector and includes thousands of applications from hundreds of highly respected and widely read publications, such as Business Week and PC World.

Institutional Investor's victories were as follows:

Senior Contributing Editor David McClintick won the Stephen Barr Award for feature writing, for How Harvard Lost Russia. This was his devastating January 2006 account of a Harvard University advisory programme in Russia that collapsed in disgrace, leading to a $31m settlement by a Harvard economics professor on charges that he defrauded the USA's government. The New York Times cited the story as instrumental in the subsequent departure of Larry Summers as president of Harvard.

The winner of the Barr Award, the highest honour given by the ASBPE to an individual article, is chosen from the first-place winners in a number of other editorial categories. David also won the Gold award in the Feature Writing (80,000+ circulation) category, for the same story.

Assistant Managing Editor Justin Schack won the Gold award in the Individual/Company Profile (80,000+) category for The Adventures of Superthain, the June 2006 cover story that showed how chief executive John Thain was heroically reinventing the scandal-ridden, technologically backward New York Stock Exchange yet clinging to a deeply flawed strategy for its core stock-trading business.

Associate Art Director Stephen Christensen won the Silver award in the Front Cover-Illustration (80,000+) category for designing Institutional Investor's May 2006 cover. The image, in the style of a film noir movie poster, provided the perfect visual setting for The Outsiders, a story on three non-Germans who had ascended to the zenith of Deutsche Bank.

Staff Writer Imogen Rose-Smith won the Silver award in the Feature Writing (80,000 or less) category for The Ballad of Gary Bland, an October 2006 cover story about how a former Boeing executive re-energized New Mexico's public pension system, which not only funds state-worker retirements but also curbs taxes by subsidizing the operating budget of one of the nation's poorest states through investing in hedge funds.

The quintet of honours swiftly follow the Institutional Investor team's recent winning of a Silver award in the Original Research (80,000+) category of ASBPE's Northeast Regional competition, for The 2006 All-America Research Team.

Institutional Investor Assistant Managing Editor Justin Schack said: "Putting out a magazine of distinction is unquestionably a team sport. Our outstanding showing in the ASBPE competition is a testament to the talent and hard work of every single Institutional Investor staffer. They should all be proud of their contributions to our success".

Enquiries
Padraic Fallon, Chairman
Euromoney Institutional Investor
Tel: 020 7779 8556
Email: pfallon@euromoneyplc.com