Nice to see the entire team was honored. Even nicer is the fact there is a team! (Who knows when Hakan will retire) I've owned HAINX since 6/93 and added again in '93, twice in '94 and last time in '95. It's been a great ride and I plan to hold for many years...who knows, I may even add to my position some day!

"International-Stock Managers of the Year: Hakan Castegren and Northern Cross Team
Harbor International (NASDAQ:HAINX - News)
Hakan Castegren took home our Fund Manager of the Year award back in 1996, and we're happy to note that he and his team have continued to deliver great returns for investors over the subsequent decade. This year, we're giving the award not just to Castegren but also to the team that supports him: Jim LaTorre, Howard Appleby, Jean-Francois Ducrest, and Ted Wendell of Northern Cross. Under the watch of these talented investors, the fund notched a tremendous gain in 2007, owing to some well-chosen names in the energy and metals industries. Its long-run returns have been even more impressive: Bill Rocco recently noted that its 15-year return is the best of any foreign large-value fund.
Harbor International is one of those funds that we find ourselves recommending again and again. We're compelled by this team's experience level, respect for growing (and preserving) shareholder capital, and the discipline with which it continues to execute its sensible, bargain-hunting strategy. In addition to posting strong returns in the buoyant market environment of the past several years, its losses during the 2000-02 bear market were quite subdued, making it, like Contrafund, a remarkably smooth ride. Fabulous 10-year Morningstar Investor Returns are evidence that this fund's many shareholders have profited handsomely from this team's labors."




http://biz.yahoo.com/ms/080103/222298.ht...