Yesterday was a big day for the teams at Loomis Sayles
, and Vanguard
Laura Pavlenko Lutton
| Daniel Fuss|
Loomis, Sayles & Company
Vice Chairman, PM
, director of manager research, North America, confirmed
that Loomis Sayles Bond Fund
PM Dan Fuss won
"outstanding portfolio manager," Primecap Odyssey Aggressive Fund
PM James Marchetti
won "rising talent," and Vanguard won "exemplary stewardship" in Morningstar's 2019 U.S. Awards for Investing Excellence
. Those three winners of the freshly rebooted
awards program (built out of M*'s old U.S. Fund Manager of the Year
awards) were featured on CNBC's
"Power Lunch" program yesterday afternoon and recognized at the 2019 Morningstar Investment Conference
"Our 2019 winners have been great drivers of investor success," Pavlenko Lutton states. "The managers and firm selected all have one thing in common: they are investing and operating for the long haul by maintaining value-oriented strategies that stay true to client interests instead of their own."
This is Fuss' third win: he won
M*'s fixed income manager of the year for 1995, and his team won
the same award again for 2009.
This is Marchetti's second win: he and four other colleagues won
domestic stock fund manager of the year for 2014. A Primecap trio also won
the same award for 2003.
This is Vanguard's fifth win: Primecap's two prior wins both included Vanguard funds, and Vanguard also won
two awards for 2015.
Other contenders for this year's awards included
Baird, Capital Group, Dodge & Cox, Fidelity, FMI, and T. Rowe Price.
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