January 06, 2012 - Morningstar Announces Money Managers and CEO of the Year Awards - by Morningstar Investment Research
What a year to be a fund manager and the head of a publicly traded company. U.S. stocks experienced quite the roller-coaster ride in 2011, while foreign equities took a plunge. Overall, the most successful fund managers were able to keep perspective by staying focused on deep research within their circles of competency, and Morningstar's CEO of the Year kept his firm in good stead amid a shaky retail sector. Each year, Morningstar honors managers and a CEO who have gone above and beyond the call of duty to do what's right for shareholders, deliver superior long-term returns and produce strong results for the year, as well. We look for good stewards who have developed sound strategies. This is not an attempt to pick the best manager for the upcoming quarter or year, and it is not an award to a particular fund, fund compan y, stock, or stock company. Rather, it recognizes managers' and the CEO's achievements and contributions.
Among the other topics we addressed this week:
Sequoia Closes to Some Investors. Fund manager of the year's firm cancels IPO, and more.
The Error-Proof Portfolio: Don't Pay Tax Twice. Properly tracking reinvested dividends and capital gains can save you a bundle over time.
Rebalancing? Don't Overlook Sector, Style Exposure. Rebalancers can use valuation tools on Morningstar to steer their portfolios in the right direction.
Will China Come in for a Hard or Soft Landing? Prominent fund managers worry about a Chinese economic slowdown, not a meltdown.
These Big Funds Had Happy Shareholders in 2011. Not many stock funds notched respectable returns in 2011, but these funds managed to do so.
Harley-Davidson's on the Road to Profit Growth. Even with shipments down, management squeezes out margin gains.
A Year in Review: Swings in Energy Commodities in 2011. We examine divergent performance in the energy space.
The Year in International Funds 2011. The can't-miss markets finally missed, and other tales of woe.
Reopening the Doors to Sold-Off Holdings. Diamond Hill's Chris Welch addresses how keeping past holdings in mind allowed his team to repurchase these stocks at bargain prices in recent quarters.
Solid Distributions Have Kept This Muni Fund Afloat. Dreyfus Strategic Municipal Bond has a strong distribution and a new comanager.
Six Tips for a (Nearly) Paperless Home Office. Conduct these steps before transitioning to an all-digital filing system.
Eyeing Greater Efficiency for Investors, Vanguard Lowers Fees for Its Sector ETFs. Global X, IndexIQ both announce the closings of thinly traded ETFs. Plus, the week's best- and worst-performing ETFs.