Announcing Morningstar's 2016 Fund Managers of the Year
Check out the winners, and discover what makes them stand out.
The 2016 Morningstar Fund Managers of the Year distinguished themselves in a period marked by geopolitical surprises and market headwinds, including redemptions as many investors moved their assets to passively managed index funds. Our winners bucked those trends and delivered outstanding performance, consistent with a strong long-term record and shareholder-friendliness. This year’s award winners have exemplified patience, resolve, and nerve over long and successful tenures.
To be nominated for Fund Manager of the Year, the manager’s mutual fund must be among the 1,200 that receive Morningstar Analyst Ratings and earn a rating of Gold, Silver, or Bronze. The medal rating indicates that our analysts believe a fund will outperform its category peers and/or benchmark on a risk-adjusted basis over the long haul. Looking at their individual coverage lists, analysts nominate Morningstar Medalist funds that have strong recent and long-term risk-adjusted returns, excellent stewardship practices, and broad shareholder bases. Our asset-class teams whittle down the list to a group of finalists. Then the entire analyst team meets to debate the merits of the finalists in each category, and, following those discussions, analysts vote to determine the winners.
Laura Pavlenko Lutton does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.