Different styles all have high correlations with the overall market, but that doesn't translate into identical returns.
Stock fund managers mull the value of post-pandemic travel.
Foreign small-value stocks are generally cheaper with less debt.
Valuations and the effect of loose monetary policy on asset prices and capital allocation are top of mind for some equity managers.
It had a spectacular year, but Miller Opportunity is too volatile for what it delivers.
Foreign companies tend to have less debt than their U.S. counterparts.
Learn what we look for in our annual awards.
Investors pour more than $500 billion into taxable- and municipal-bond funds.
U.S. equity funds experienced modest outflows in November.
Investors continued to cut risk in October 2019, despite low yields and strong equity returns.
Value-conscious AMG Yacktman has a lot of dry powder. Here's why.
Long-term funds suffered $16 billion in outflows during August.
It's difficult to avoid index overlap entirely.
Strong demand for taxable-bond, municipal-bond, and money market funds in July.
Senior analyst Kevin McDevitt breaks down the fund flows data and discusses what's driving assets into passive products.
Passive funds record their best month year to date.
These Gold-rated funds are in a dry spell.
Investors pulled nearly $2 billion from long-term funds in May.
Despite the shift, it hasn’t been a great decade for U.S. equity funds in terms of overall flows.
The iconic Royce manager offers a panoramic view of what might be ahead.
Cash piled into bond funds in March, and the market share of passive strategies among U.S equity funds reached 49%.
These Morningstar Medalists' returns finished near the top of their respective categories last quarter.
With the Fed signaling a slowdown in rate increases, bond investors have decided it's safe to go back into the water.
In January, the relative flows of passive funds fared worse than their active counterparts for the first time since January 2014.
U.S. funds experienced their greatest monthly outflows in December in a decade.
Monthly fund outflows stabilized in November, as bond investors favored ultrashort vehicles.
The popularity of core index funds suggests that may be the case.
Monthly fund outflows were the highest they've been in more than three years.
As rates rise, value stocks may be ripe for a comeback.
Taxable-bond funds led all groups in terms of flows in September, but interest in U.S. equity funds bounced back.
These funds all earned our top fund analyst rating in the past few months.
Taxable-bond funds continued to enjoy the greatest inflows in August.
We're maintaining our Gold ratings for Artisan International Value and Artisan Global Value as the funds move to having distinct management teams.
Some potential ways to cut risk while maintaining equity exposure.
Funds experienced inflows in July after losing assets in June, with taxable-bond funds leading the way.
The replacement of longtime subadvisor Northern Cross with Marathon Asset Management will result in a capital gains distribution estimated to be more than a third of net asset value.
The first half of the year saw significant outflows from passive funds in successive months.
Last month, U.S. open-end funds and ETFs experienced their greatest outflows since August 2015.
The current lineup of subadvisors hasn’t delivered distinctive results at Neutral-rated Vanguard U.S. Growth.
U.S. equity funds enjoyed strong flows in May, while international-equity and taxable-bond flows tailed off.
Steve Wymer from Fidelity talks about differentiating between companies that are innovating and providing value for shareholders.
Taxable bond and international equity funds enjoyed far more robust asset flows in April than their domestic stock counterparts.
Two funds contributed the lion's share of passive outflows over the past two months.
Active U.S. equity funds experienced outflows for the month, too, as investors directed dollars to taxable-bond and international-equity funds instead.
Personnel turnover and increasingly acute liquidity concerns lead to a Negative rating for this always bold, once-stellar performer.
More actively managed U.S. equity funds cut their fees in 2017 than in 2016.
Given its strength during the current bull market, tech could very well be at risk during the next correction, and these funds are taking outsized bets on the sector.
Opportunistic misfires, middling results, and rising expenses have led us to cut Harbor International's Analyst Rating to Silver.
Prevailing trends continued across the board in the third quarter.
We're lowering our Analyst Rating to Bronze for Tweedy, Browne Global Value, due to relatively high expenses and some management uncertainty on the horizon.