Nine fund firms and their PMs are in contention in an abbreviated awards race, with the
T. Rowe Price folks leading the field in terms of total nominations.
| Jerome A. Clark T. Rowe Price Portfolio Manager | |
Today
Sarah Bush, director of manager research for North America for
Morningstar,
revealed 2020 nominees for the
Morningstar Awards for Investing Excellence, the
revamped version of the investment research giant's old Fund Manager of the Year Awards. Like
last year, the nominees are across two categories:
"outstanding portfolio manager" and "rising talent", for specific PMs or PM teams; and "exemplary stewardship," for firms. The winners will be revealed next Monday, June 22, and they will be featured on
CNBC's "Power Lunch" program that week.
The T. Rowe team landed three nominations (more than any other fund firm): one for
Jerome Clark (a repeat nominee from last year), PM of the
T. Rowe Price Retirement Series; one for
Wyatt Lee, PM
alongside Clark (who is stepping back in January); and one for the firm itself.
The
Fidelity team landed two nominations: one for
Joel Tillinghast (a repeat nominee from last year), PM of
Fidelity Low-Priced Stock; and one for
John Dance, PM of
Fidelity Emerging Markets.
Other repeat nominees from 2019 included:
Baird's Mary Ellen Stanek, PM of the
Baird Core Plus Fund and the
Baird Aggregate Bond Fund;
Capital Group (a repeat nominee from last year);
Dodge & Cox (a repeat nominee from last year);
The other 2020 nominees were:
Akre Capital Management's Chuck Akre, PM of the
Akre Focus Fund;
Diamond Hill's John McClain, PM of
Diamond Hill Corporate Credit and
Diamond Hill High Yield;
Pimco's Mohit Mittal, PM of
Pimco Investment Grade Credit and
Pimco Total Return; and
TCW's Steve Kane,
Laird Landmann,
Tad Rivelle, and
Bryan Whalen. 
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