Morgan Stanley’s Lynch Named Top Domestic Stock Manager of 2013

Jan. 15 (Bloomberg) --- Dennis Lynch, along with the 18-member growth investing group he leads at Morgan Stanley (MS), was named domestic stock fund manager of the year by Morningstar Inc., which judged a team from Pacific Investment Management Co. as best fixed-income managers.

The four funds led by Morgan Stanley’s Lynch all returned more than 35 percent last year, Morningstar said today in a statement announcing its annual winners. The top performer of the four, the $2.5 billion Morgan Stanley Small Company Growth Portfolio (MSSGX), gained 62 percent in 2013. Chicago-based Morningstar has been handing out the awards since 1988.

Daniel Ivascyn and Alfred T. Murata of the Pimco Income Fund (PONAX) were named the best fixed-income managers by Morningstar. The $29.9 billion Pimco Income Fund (PIMIX) rose 4.8 percent in 2013, as the Barclays U.S. Aggregate Total Return index of bonds declined 2 percent, according to data compiled by Bloomberg.

David Samra and Daniel O’Keefe, who run Artisan International Value Fund (ARTKX) and Artisan Global Value Fund (ARTGX), were named best international stock fund managers.

A three-member team headed by Steven Romick of the FPA Crescent Fund (FPACX) ranked in top place among allocation funds, which can invest across asset classes. Brian Hurst and Yao Hua Ooi, whose team runs AQR Managed Futures Strategy I, got the top honor among alternatives funds.

To contact the reporter on this story: Charles Stein in Boston at cstein4@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.