9 Partners for the Next Decade
Fund providers with strong prospects are differentiated and offer low-cost, repeatable investment strategies.
The past decade has been a disruptive one for asset managers and their fundholder clients. Investors have been put off by the poor performance of actively managed funds, and they've increasingly sought lower-cost options. As a result, investors have moved assets to passively managed indexes and exchange-traded funds in droves.
What's more, coming regulation and competitive forces are changing the way some funds are distributed. For example, broker/dealers are becoming more discriminating about which funds they'll offer to clients. Funds with poor performance and high expense ratios are less likely to be offered for sale on the major platforms.
Laura Pavlenko Lutton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.