Tune in for Morningstar's 2012 CEO and Fund Manager of the Year Winners

Update
Click here to see the 2012 Fund Manager of the Year winners.

Click here to see the 2012 CEO of the Year winner.

Every January, Morningstar recognizes mutual fund managers (domestic-stock, foreign-stock, and fixed income) who delivered exemplary performance in the prior year and also have fantastic long-term records. For 2012, we're introducing two new Fund Manager of the Year awards for the growing Alternatives and Allocation categories. You can learn more about the nominees in the articles below.

The Fund Manager of the Year award winners, along with Morningstar's 2012 CEO of the Year award winner, will be named during CNBC's Power Lunch from 12-1 p.m. CST on Thursday, Jan. 3, 2013.

Domestic Stock
It has been relatively easier to make money in U.S. stocks in 2012 than it was in 2011: Morningstar's nine diversified domestic-equity categories have each rung up double-digit gains for the year to date through Dec. 10. And aside from a 6% dip in May, it has been fairly smooth sailing throughout the year. This year's nominees for Morningstar Domestic-Stock Fund Manager of the Year have nevertheless made their mark in 2012 as well as over the long haul. Click to read more and see the nominees.

International Stock
As with the awards for the other fund areas, these nominations not only reflect performance and portfolio decisions in 2012 but also consider long-term records. We want to reward managers who not only had topnotch returns this year, but who have demonstrated their abilities over time as well. In addition, we considered not just the managers' largest fund but others that they run too, when applicable. Click to read more and see the nominees.

Fixed Income
Impressively, some of our 2012 nominees for Fixed-Income Manager of the Year were able to outperform in both of the opposing environments of 2011 and 2012, while others had the discipline to stick to their bets, as well as the conviction to add to them when the going got tough. Although a strong showing in 2012 is an important criterion in selecting our nominees, we also want to recognize managers who have delivered superior long-term returns with sound strategies that continue to earn our analysts' confidence. Click to read more and see the nominees.

Alternatives
This year, for the very first time, we are nominating three managers for our new Morningstar Alternatives Fund Manager of the Year award. Morningstar defines alternative investments as those that do not fit neatly in our traditional equity or fixed-income style boxes--either because they invest in different asset classes, take long and short positions, or because they are illiquid. Click to read more and see the nominees.

Allocation
Asset-allocation funds have been growing in both sophistication and assets under management in recent years, and in 2012, these funds got their own Morningstar Fund Manager of the Year category. These managers have gone well beyond the 60%/40% stock/bond mix to demonstrate portfolio-construction skills that go beyond picking and combining individual securities. They have effectively combined asset classes to help investors meet big goals, whether they're saving for retirement or aiming to lower volatility in a broader portfolio. Click to read more and see the nominees.