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The Financial Times and OppenheimerFunds Launch 2016 Emerging Voices Awards


News provided by

OppenheimerFunds, Inc.

02 Feb, 2016, 15:27 GMT

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The Financial Times and OppenheimerFunds announced the launch of the second annual FT/OppenheimerFunds Emerging Voices Awards.

NEW YORK, Feb. 2, 2016 /PRNewswire/ -- The Financial Times and OppenheimerFunds today announced the launch of the second annual FT/OppenheimerFunds Emerging Voices Awards, a global initiative designed to recognize artistic talent in emerging-market nations.* The winners in three categories – art, fiction, and film – will be announced in September 2016. Each winner will receive a $40,000 award, and two runners-up per category will receive $5,000.

Photo - http://photos.prnewswire.com/prnh/20160202/328606

"We are delighted to launch the Emerging Voices arts awards with OppenheimerFunds for the second year. The Financial Times has reported and analysed the rise of the emerging market economies and followed their political trajectories for years. These awards show our determination to learn more about, and reward, their cultural richness too," said Michael Skapinker, FT associate editor and chair of the judges.

The 2016 Emerging Voices Awards follow the success of the inaugural program, which launched in December 2014 and garnered submissions from over 800 artists in 65 emerging-market nations. Last year, Yuhang Ho of Malaysia won the Emerging Voices film award for "Trespassed;" Chigozie Obioma of Nigeria won the Emerging Voices fiction award for "The Fishermen;" and Cristina Planas of Peru won the Emerging Voices art award for "Vultures," "Table of Negotiations," "Mass Grave," and "Coloured Christ."

"The quality of the submissions we received during our first Emerging Voices Awards program was extraordinary," said Justin Leverenz, Director of Emerging Market Equities at OppenheimerFunds and Founder of the Emerging Voices Awards. "I am honored to continue this program to help provide a global stage to feature the visionary talent, creativity, and originality of artists from emerging-market nations."

This year's Emerging Voices Awards will be open to residents or passport holders of emerging-market nations in three categories:

  1. Africa: The art award for painting, drawing, sculpture, installation, or mixed media.
  2. Asia-Pacific: The fiction award for works published in English.
  3. Latin America and the Caribbean: The film award for works completed between January 1, 2015, and March 31, 2016. Films can be in any language but must have English subtitles.

The award winners will be chosen by a panel of judges who are influential in art, fiction, and film. The judges aim to recognize the artist in each category whose work shows outstanding talent and in some way furthers understanding of his or her region. Last year's judges included Mira Nair, Elif Shafak, and Jorge Tacla.

"As a leading global asset manager, we strive to uncover innovative and entrepreneurial companies in the emerging markets for our investors,'" says Art Steinmetz, Chairman and CEO of OppenheimerFunds. "Likewise, we are pleased to work with the Financial Times again this year to help highlight and recognize remarkable artists in these countries."

Submissions will open on February 1, 2016, and submission guidelines can be found here. The longlist for each category will be announced in June 2016. Shortlisted entrants from each category will be announced in August 2016. All shortlisted participants will be flown to New York for an awards gala on September 26, 2016, at the New York Public Library where the category winners will be announced.

For more information on the FT/OppenheimerFunds Emerging Voices Awards, please visit ft.com/emerging-voices and join the conversation at #EmergingVoices.

* This list of emerging-market nations was defined by the World Bank Atlas Method (i.e., those with a GNI per capita of less than $12,746).

The Financial Times, one of the world's leading business news organisations, is recognised internationally for its authority, integrity and accuracy. Providing essential news, comment, data and analysis for the global business community, the FT has a combined paid print and digital circulation of more than 780,000. Mobile is an increasingly important channel for the FT, driving almost half of total traffic.

OppenheimerFunds, a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $216 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of December 31, 2015.

Founded in 1959, OppenheimerFunds is a high conviction asset manager with a history of providing active, innovative investment strategies to its investors. The firm's 14 distinct, collaborative investment management teams specialize in equity, fixed income, alternative and multi-asset strategies. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from endowments and sovereigns to financial advisors serving individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. For more information, visit oppenheimerfunds.com.

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

An investment in a fund is subject to investment risk, including the possible loss of principal amount invested. Fund returns may not match the return of its respective index, known as non-correlation risk, due to operating expenses incurred by a fund. The alternate weighting approach (i.e., using revenues as a weighting measure), while designed to enhance potential returns, may not produce the desired results. Because the funds are rebalanced quarterly, portfolio turnover may exceed 100%. The greater the portfolio turnover, the greater the transaction costs, which could have an adverse effect on fund performance.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com, or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY, 10281

© 2016 OppenheimerFunds Distributor, Inc. All rights reserved.

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