Dennis Lynch, along with the 18-member growth investing group he leads at Morgan Stanley, was named domestic stock fund manager of the year by Morningstar.
A team from Pacific Investment Management was judged as best fixed-income managers.
Bloomberg reports that the four funds led by Morgan Stanley’s Lynch all returned more than 35% last year, Morningstar said today in a statement announcing its annual winners.
The top performer of the four, the $2.5bn Morgan Stanley Small Company Growth Portfolio, gained 62% in 2013. Morningstar has been handing out the awards since 1988.
Daniel Ivascyn and Alfred T. Murata of the Pimco Income Fund were named the best fixed-income managers by Morningstar.
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Morgan Stanley's Lynch Named Top Domestic Stock Manager of 2013
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