Yesterday was a big day for the teams at
Loomis Sayles,
Primecap, and
Vanguard.
| Daniel Fuss Loomis, Sayles & Company Vice Chairman, PM | |
Laura Pavlenko Lutton, 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 in Chicago.
"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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