Morningstar Names 2017 Managers Of The Year

Morningstar has named several portfolio managers from major mutual fund companies as fund managers of the year.

The awards recognize managers with outstanding leadership and performance value in four categories: domestic stock, international stock, fixed income and allocation/alternatives. 

"In 2017, we saw a powerful equity rally around the world, while returns on the bond side were muted," said Laura Pavlenko Lutton, Morningstar's director of manager research, North America. "In both areas, our fund managers of the year used their proven investment approaches to come out on top, and we also recognize these managers for their strong investment teams, impressive long-term records, and a clear dedication to making money for investors."

Here are the 2017 award winners:

Domestic-Stock Fund Manager of the Year: Steven Wymer, Fidelity Growth Company (FDGRX)

2017 Return: 36.8 percent

2017 Morningstar Category Rank (percentile): 5

10-Year annualized Return: 11.44 percent

10-Year Category Rank: 4

Morningstar Analyst Rating: Silver

Wymer has made a substaintial impact at Fidelity Growth Company since 1997. His positive growth outlook influenced results for both short-term and long-term funds. His innovation and ability to seek out new technological opportunities in the market are evident in the fund's results which have "surpassed its Russell 3000 Growth Index," according to Morningstar. 

"Wymer's success is a result of his time-tested investing approach, utilizing Fidelity's research team and executing a thoughtful strategy that has played well in a growth-fueled market," Lutton said.