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Five Nominees for International-Stock Manager of the Year

There are some well-known names and some less familiar.

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A couple of weeks ago, we revealed our five nominees for Domestic-Stock Manager of the Year for 2006 and explained why each one made the list. Here we'll follow suit with the five nominees for International-Stock Manager of the Year.

The previous column outlined the criteria involved in the selection process, so we won't restate all of it here. However, it's worth repeating the most important fact: While we require the nominees to be enjoying strong performance this year, our Manager of the Year honors are not a reward for just one year. Equally critical are the managers' long-term records and other factors such as a sound strategy and manager commitment toward the funds' shareholders.

The international list features fairly well-known names, including two former winners of the award, along with managers who are probably less familiar to readers. Three of the nominees were featured in an August column that included a preliminary list of potential candidates as of that time. We should note that the managers who were cited in that column but who don't appear on this list didn't do anything wrong; we still consider them fine managers. For the record, a number of fine international managers didn't appear on either list this year. With so many worthy investors leading international funds these days, it's simply tough to make the final cut.

Gregg Wolper does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.