Most of Morningstar's top Medalists are shining in a pack of broad returns.
UPDATE: Silicon Valley's 'disruptive technology' is backfiring
China Netcom's fixed-line business continues to decline.
Top managers were finding new places to put money to work and adding to existing high-conviction ideas in the first quarter.
Top managers continue to find opportunities for some new-money purchases, while taking full advantage of a rising stock market to book gains in shares trading above their fair value estimates.
In addition to building American Century , Stowers also was a noted philanthropist in the area of health-care research.
T. Rowe Price seeks permission to create actively managed ETFs that are not transparent, a corporate-bond manager leaves PIMCO, and new managers are named to Oppenheimer Moderate and Ivy Global Natural Resources.
These top investment managers put new money to work in several wide-moat names, including United Technologies.