Fischer finished behind the American violinist Hilary Hahn and the Russian soprano Anna Netrebko.
Fischer, who is musical director of the Budapest Festival Orchestra and has a two-year appointment as principal conductor of the National Symphony Orchestra in Washington D.C., won a Gramophone award - considered by many to be the Oscar of the classical music world - for his recording with the BFO of Bartók's The Miraculous Mandarin ten years ago.
Fischer was one of ten nominations for the Artist of the Year award.
Photo: bfz.hu