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Thursday, January 16, 2014

All the Usual Suspects?

News summary by MFWire's editors

The fund research geniuses at Morningstar are at it again, this time anointing the Fund Managers of the Year for 2013. The winning firms are all established names: Morgan Stanley garnering the Domestic-Stock Fund Manager of the Year; Artisan nabbing the International-Stock Fund Manager of the Year; Pimco (Yeah, Pimco) winning the Fixed-Income Fund Manager of the Year and FPA earning the Allocation Fund Manager of the Year. Of course, all of the winners scored very respectably in the returns department, but there are other factors involved. Does a firm need to be established in order to have star manager chops, or do the chops lead to a firm becoming established? Chicken or the egg. 

Edited by: Tommy Fernandez


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