Among the nominees for Morningstar’s Fund Manager of the Decade, a new award program that recognizes performance, perseverance and shareholder dedication, are managers from Fidelity, PIMCO, Oakmark and American Funds.

“The past 10 years have been the most brutal period for investors since the 1930s,” noted Karen Dolan, director of mutual fund analysis at Morningstar. “Two severe bear markets wiped out years of prior gains and have left many investors with uninspiring returns over the entire period. The nominees for this award excelled by relying on their own original research, preserving capital when needed, and having the patience to stick with their approaches in good times and bad.”

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