Columbus, Ind.-based Kirr Marbach & Co. LLC is furthering its reputation for smart stock picking among the nation’s investment advisers.
The Kirr Marbach Value Fund for the second year in a row has nabbed the Lipper Best Fund Award in the category of best multi-cap core fund for a five-year period.
It was a Herculean achievement given it was tops out of no fewer than 581 funds.
The honor was handed out earlier this month at the annual Lipper Funds Awards ceremony in New York City.
“It is particularly gratifying Value Fund has now received a Lipper Best Fund Award two years in a row. We are big believers in eating our own cooking,” said Mark D. Foster, the value fund’s portfolio manager and chief investment officer at Kirr Marbach.
The firm has a knack on Wall Street for picking stocks that typically are out of favor. It usually invests in companies as if it were going to own the businesses for up to 10 years.
The 39-year-old company has $658 million in assets under management.