Morningstar Announces 2017 U.S. Fund Manager of the Year Award Winners
Summary
Wymers willingness to bet with conviction on his top ideas and his skill picking technology and biotechnology stocks have provided an enduring edge for the fund over various market cycles, leading to results that have trounced its Russell 3000 Growth Index during his tenure.For example, the team built a sizeable stake in German automaker Volkswagen amid its U.S. emissions scandal, and the stock rose more than 40 percent in 2017 as investors grew more comfortable with its turnaround prospects.Michael Collins, Robert Tipp, Richard Piccirillo, and Gregory Peters execute a thorough, straightforward process with a historical focus on corporate bonds and securitized assets.Related Links CHICAGO, Jan. 24, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced its 2017 U.S. Fund Manager of the Year award winners.The awards, to be featured on CNBCs "Power Lunch" program today, acknowledge managers who delivered impressive performance in 2017, have generated excellent long-term risk-adjusted returns, and have been good stewards of fund shareholders capital.