Sponsored by Morningstar2019
Conference floor at the Morningstar Investment Conference in Chicago (Photo: Jim Tweedie/Wyckoff-Tweedie Photography)
Morningstar announced Thursday the winners of the Morningstar Awards for Investing Excellence, with Dan Fuss of Loomis Sayles named Outstanding Portfolio Manager.
"Our 2019 winners have been great drivers of investor success," said Laura Pavlenko Lutton, Morningstar's director of manager research, North America. "The managers and firm selected all have one thing in common: they are investing and operating for the long haul by maintaining value-oriented strategies that stay true to client interests instead of their own."
A pioneer in the area, Fuss was first in the benchmark-agnostic, multisector approach to fixed income that defined its flagship Loomis Sayles Bond (LSBRX) since 1991, Morningstar stated. He has demonstrated a "value-driven, often contrarian, and aggressive strategy that's continues to an impressive long-term record for the fund and its siblings," it said.
Other award winners were The Vanguard Group, recognized for Exemplary Stewardship; and James Marchetti of PRIMECAP's Odyssey, aggressive growth fund for the Rising Talent.
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