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January 12, 2017 at 08:56 AM
Morningstar has released its nominees for the 2016 U.S. Fund Manager of the Year awards.
The list includes fund managers from American Century, T. Rowe Price, Oakmark, Fidelity, Dodge & Cox, Vanguard and other groups in four fund categories: domestic stocks, international stocks, fixed income and allocation/alternatives.
“This year’s crop of nominees not only managed to deliver strong returns to shareholders, but did so the right way — by sticking to their fundamental investing approach through thick and thin,” said Laura Pavlenko Lutton, Morningstar’s director of manager research for North America, in a statement.
The nominees showed “the discipline and skill that successful investing demands,” Lutton explained. “We think those same qualities, coupled with a strong commitment to shareholders, should pave the way to future success as well.”
Morningstar will announce the award winners live on Jan. 25 during CNBC’s “Power Lunch” TV program.
According to the fund research group, the awards aim to recognize managers who have both strong short-term and long-term risk-adjusted returns and “have been good stewards of fund shareholders’ capital.”
(Check out last year’s nominees in Top 14 Fund Managers of 2015: Morningstar.)
