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Wednesday, January 24, 2018|
And the 2017 Fund Manager of the Year Winners Are ...
While entertainment buffs digest yesterday's Oscar nominations, fundsters at four firms can break out the champagne today after winning gold from an investment research giant.
Mutual fund PMs from Causeway, Fidelity, PGIM, and T. Rowe Price won Morningstar's four 2017 U.S. Fund Manager of the Year Awards, Laura Pavlenko Lutton, M*'s director of manager research in North America, revealed today. The winners were featured today on CNBC's "Power Lunch program.
The only repeat winner is David Giroux, who won "Allocation/Alternatives Fund Manager of the Year" again after winning the 2012 award (back when allocation funds and liquid alts were in separate categories). Both times he won for the T. Rowe Price Capital Appreciation Fund. This time Giroux beat out PMs from Fidelity, Natixis' Gateway, and J.P. Morgan.
Steven Wymer, PM of the Fidelity Growth Company Fund, won "Domestic-Stock Fund Manager of the Year" this time around, beating out PMs from T. Rowe and Harbor.
The team led by Sarah Ketterer and Harry Hartford won the 2017 "International-Stock Fund Manager of the Year" for their work PMing the Causeway International Value Fund, beating out PMs from OpFunds and Schroders.
Michael Collins, Gregory Peters, Richard Piccirillo, and Robert Tipp, PMs of the Prudential Total Return Bond Fund (which is rebranding under the PGIM brand), won "Fixed-Income Fund Manager of the Year" for 2017. They beat out PMs from Pimco, Brandywine, and Legg Mason's Wamco.
M* released the 2017 Fund Manager of Year nominations on January 11. The awards date back to 1987.
Printed from: MFWire.com/story.asp?s=57562
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