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Rating:Will Oakmark's Nygren Win Again? Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, December 13, 2012

Will Oakmark's Nygren Win Again?

News summary by MFWire's editors

PMs from Brown Brothers Harriman [profile], Capital Group [profile], Fidelity [profile], Harris Associates [profile] and Mairs & Power [profile] have about three weeks to gather their champagne and cross their fingers. Today senior fund analyst Greg Carlson at Chicago-based mutual fund ratings giant Morningstar revealed the first batch of fund manager of the year nominees, for domestic stock fund PMs.

The nominees are:

  • -the team behind three-star, gold-rated, $7.8-billion American Funds New Economy;

  • -Timothy Hartch and Michael Keller, PMs of five-star, silver-rated, $3.6-billion Fidelity Growth Company;

  • -Bill Frels and Mark Henneman, and their team, PMs of five-star, silver-rated, $2.5-billion Mairs & Power Growth; and

  • -Bill Nygren, PM of four-star, gold-rated, $7.3-billion Oakmark and three-star, gold-rated, $3.2-billion Oakmark Select. Nygren won the award in 2001.

M* will reveal the winners during the first week of January.

Morningstar also named fund manager of the year nominees in the alternatives, fixed income and international equity categories. 

Edited by: Neil Anderson, Managing Editor

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