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. 
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