Morningstar Announces Nominees for 2016 Canadian Fund Manager of the Year Awards

TORONTO, Jan. 25, 2017 /CNW/ -- Morningstar Research, Inc., a Canadian subsidiary of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced the nominees for its 2016 Canadian Fund Manager of the Year awards.

"For over 20 years, the Morningstar Awards have guided Canadian investors to help reach their investment goals by identifying fund managers who have had exceptional returns and served investors well," Scott Mackenzie, president and CEO for Morningstar Research, said. "The Steward of the Year award specifically recognizes asset managers with outstanding stewardship practices, who have continued to put fund holders' interests first."

The analyst-driven Fund Manager of the Year awards recognize managers who delivered impressive performance in 2016, have generated excellent long-term risk-adjusted returns, and have been good stewards of fund shareholders' capital. To recognize outstanding fund managers, Morningstar is selecting leaders in three categories this year: Equity Manager of the Year, Fixed Income Manager of the Year, and Steward of the Year.

The nominees for the 2016 Fund Manager of the Year awards in Canada are:

Equity Fund Manager of the Year

• Doug Stadelman and Scott Lysakowski, PH&N Vintage and PH&N Canadian Equity
• Bill Dye, David Jiles, Richard Liley, Patrick Reddy, and Nick Szucs, Leith Wheeler Canadian Equity
• Garey Aitken and Tim Caulfield, Franklin Bissett Canadian Equity
• Bill Kanko, Matias Galarce, and Heather Peirce, CI Black Creek Global Leaders
• Stephen Arpin and William Otton, Beutel Goodman Small Cap

Fixed-Income Fund Manager of the Year

• Hanif Mamdani, PH&N High Yield Bond
• John Carswell and Vivek Verma, Lysander Canso Corporate Value
• Alfred T. Murata and Daniel J. Ivascyn, PIMCO Monthly Income

Steward of the Year

• RBC Global Asset Management
• Steadyhand Investments

"This year's nominees have continued to up their games, delivering impressive returns in 2016 and over the long term, while consistently demonstrating fund holder-friendly practices," Christopher Davis, manager research strategist for Morningstar Research, said. "Our analysts look for managers who have not only outperformed, but who have a consistent investment process that should pave the way for their future success as well."

Morningstar will announce the award winners on Jan. 31 on www.morningstar.ca and on Twitter using the hashtag #MstarAwardsCA.

About Morningstar Research, Inc. and Morningstar, Inc.

Morningstar Research, Inc. is a Canadian subsidiary of Chicago-based Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar provides data on nearly 540,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on approximately 18.5 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than US$200 billion in assets under advisement or management as of Sept. 30, 2016. The company has operations in 27 countries.

©2017 Morningstar, Inc. All Rights Reserved.

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SOURCE Morningstar, Inc.

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