Morningstar Announces Winners of 2016 Awards for Excellence in Investment

Morningstar UK Limited, a subsidiary of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has announced the winners of this year’s Morningstar Awards for Excellence in Investment.

The annual Morningstar awards took place at The Dorchester Hotel on 8th September, recognising individual fund managers and fund groups that have made a substantial contribution to the retail investment management industry.

The 2016 winners are:

Outstanding Fund Manager: Iain Stewart, Newton Real Return
Outstanding Rising Talent: Henry Dixon, Man GLG Undervalued Assets and Oliver Kelton, Odey European Focus (co-winners)

Outstanding Investment House: Baillie Gifford

Jonathan Miller, Director of UK Manager Research for Morningstar, said, “The awards draw on our extensive qualitative manager research to celebrate those in the UK investment industry who have achieved impressive returns and have been excellent stewards of fund shareholders’ capital over the long term.

“This year, we recognise Iain Stewart, manager of the Newton Real Return fund, with the Outstanding Fund Manager Award, which identifies a generationally great investor within the retail investment industry. Stewart has worked at Newton for over three decades and has specialised in managing multi-asset mandates. He has shown consistency in his approach, employed Newton’s in-house themes to great benefit, and met the fund’s real return objective, to the benefit of long-term investors.

“In a competitive field we have also recognised two recipients for our Outstanding Rising Talent Award.  Henry Dixon, manager of Man GLG Undervalued Assets impressed with his investment process based on thorough balance sheet analysis and a value-driven approach, which has brought consistent outperformance. Oliver Kelton, manager of Odey European Focus, has shown a disciplined stock-driven investment process that has performed across different market environments.

“Baillie Gifford was recognised for the Outstanding Investment House Award. Baillie Gifford stood out for its commitment to long-term investing, competitive fees, and willingness to cap funds as they reached capacity, all of which serve the interests of the firm’s investors.”

The awards draw on Morningstar’s qualitative manager research, which uses a globally consistent five-pillar methodology to ascertain a Morningstar Analyst Rating™ for funds under coverage. The five pillars in the Morningstar Analyst Rating methodology are Process, People, Parent, Performance, and Price.

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