Morningstar released its 2025 Awards for Investing Excellence today, recognizing portfolio managers for their sustained excellence over the past year. The awards this year consisted of outstanding portfolio managers in equity, fixed income, and allocation. The portfolio manager awards recognize “an individual or team who has produced exceptional returns over the long term.” Additionally, an award was given for exemplary stewardship, which is given to an asset manager “that has shown an unwavering focus on serving the best interests of investors.”

• Outstanding Portfolio Manager – Equity: Will Danoff, Fidelity
• Outstanding Portfolio Manager – Fixed Income: Bryan Krug, Artisan Partners
• Outstanding Portfolio Manager – Allocation: David Giroux, T. Rowe Price
• Exemplary Stewardship (Firmwide): Dimensional Fund Advisors

Morningstar’s Investing Excellence awards come on the heels of InvestmentNews’ 2025 Awards, which recognizes the best and brightest in the wealth management industry.

Timothy Strauts, head of Morningstar’s manager research in North America, said of the winners, “This year’s award winners have delivered impressive results by staying grounded in their research-driven investment processes. We’re proud to recognize their work and the value they’ve created for investors.”