Winners of the Cincinnati 2013 Medical Mutual Pillar Award for Community Service

CINCINNATI, OH (Jan. 29, 2013) – Smart Business Network Inc. is pleased to announce the category winners of the 2013 Medical Mutual Pillar Award for Community Service program, presented by Smart Business and sponsored by The Eisen Agency, Duke Energy Center, Spectrum Global, and Prestige AV & Creative Services.

At an awards recognition program held at the Duke Energy Center on January 24, 2013, 14 organizations and individuals were unveiled as Pillar Award winners in five distinct categories and participated in a series of discussions about the tie between the for-profit and nonprofit worlds. This year’s winners were:

Pillar Award for Community Service
• dunnhumbyUSA
• Focus Solutions Inc.
• JANCOA
• KDM P.O.P. Solutions Group
• Messer Construction Co.
• PowerNet Global
• Systems Evolution Inc.
• The Hillman Group
• The Sheakley Group
• Union Savings Bank/Guardian Savings Bank

Medical Mutual SHARE Award
• Clark-Theders Insurance Agency Inc.

Executive Director of the Year Award
• Ellen Katz, president & CEO, The Children’s Home of Cincinnati

Nonprofit Board Executive of the Year Award
• Barbara Gould, advisory board member, Talbert House

Kent Clapp CEO Leadership Award
• Thomas Keckeis, CEO, Messer Construction

“This class of honorees, combined with this year’s group of finalists, is truly inspirational,” says Dustin S. Klein, publisher of Smart Business. “They give back individually and as organizations. They get involved in causes they care about. And the nonprofit leaders have forged meaningful relationships with the for-profit companies and their executive teams to better deliver upon their missions. All told, the Pillar Award class of 2013 truly understands how to strengthen the regional communities where we all live and work.”

The Pillar Award program was founded in 1998 and honors organizations and individuals that best demonstrate a commitment to making a difference. For information on the award winners, along with profiles of the finalists for this year’s Pillar Awards, visit www.sbnonline.com. To receive a nomination for the 2014 awards program, or to learn more about the Pillar Awards, contact Smart Business at [email protected] or (440) 250-7026.

PIMCO, DoubleLine, TCW big winners from Fed’s QE3 assault

NEW YORK, Thu Sep 20, 2012 – The Federal Reserve’s move to stimulate the economy by buying mortgage securities is proving to be manna from heaven for three of the biggest players in the bond fund business: Pacific Investment Management Company, DoubleLine Capital and TCW.

The three investment firms all manage mutual funds that loaded up on mortgage-backed securities well before the Fed announced last Thursday that it would start buying $40 billion in government-backed mortgage debt each month until there’s a sharp improvement in the job market.

With U.S. Treasury yields at extraordinary low levels, bond investors like TCW, PIMCO and DoubleLine have migrated toward mortgage-backed securities as those securities not only provide higher yields but they perform well when interest rates are stable.

It is TCW’s flagship fund that is outperforming the ones managed by PIMCO co-founder Bill Gross and DoubleLine founder Jeffrey Gundlach – the two money managers seen as the reigning kings of the bond investing world.

The $7.4 billion TCW Total Return Bond Fund, which has more than 80 percent of its assets invested in mortgage-backed securities, is up 10.68 percent for the year.

The TCW fund is besting the 8.61 percent year-to-date return for the $272.5 billion PIMCO Total Return Fund – the world’s biggest bond fund – and the 7.89 percent return posted by the $32 billion DoubleLine Total Return Bond Fund.