The announcement is not a surprise, but the timing is somewhat unusual, at least by historical standards.
Retirement of a longtime manager leads to a downgrade to Neutral from Silver for this fund.
David Poppe remains as sole manager as the fund grapples with the fallout from its concentrated bet on Valeant.
Continued controversy with top-holding Valeant has dragged down long-term returns and led to outflows at this venerable fund.
A flood of safe-haven buyers causes a precarious situation in this gold exchange-traded product.
New managers for the firm's Institutional Large Cap Growth, New America Growth, and Health Sciences funds.
Returning to the open-end format provides more transparency for shareholders but changes little else.
The demise of Third Avenue Focused Credit represents a profound management failure, but it isn't likely that we'll see other high-yield funds follow suit.
Energy-related sector funds aren't the only ones taking a hit.
His departure is a setback for the firm's fundamental fixed-income team, so funds under his management are now Under Review.
Our view of PIMCO and its flagship Total Return are unchanged, but we'll be watching for any new information on PIMCO's fee practices.
Fidelity Small Cap Discovery Manager Chuck Myers is expected to return after a six-month sabbatical in 2016.
New roles coming in October.
With a potential Grexit looming, we take a look at Greece exposure across equity and fixed-income funds.
Moat-focused managers discuss how they detect sustainable competitive advantages in the companies they consider for investment.
Insights from three managers in Morningstar's "on-deck circle."
Three non-traditional bond managers discuss the evolution of their strategies, main inputs into their portfolio construction, and how they expect to navigate the changing market environment ahead.
Our fund analysts discuss their highest-conviction bond, dividend, and other equity fund picks amid a challenging investment landscape.
While everyone has been focused on outflows, the firm has been quietly posting strong performance numbers across its flagship funds.
Panelists at the Morningstar Investment Conference discuss the importance of fund stewardship and its connection to good investment results.
Panelists take a gloomy tone but wait to scoop up bargains when valuations become more attractive.
Multistrategy alternative managers weigh in on the pros and cons of using mutual funds to access hedge fund-like returns.
Those who hope to benefit from frontier-markets investing must have an appetite for risk and a long time horizon.
The ETF industry is undergoing a rapid transformation, reshaping the way investors gain access to an expanding array of exposures.
Two of the fund world’s pre-eminent stock-pickers, Bill Nygren and Steve Romick, share their views on the market and valuations, and discuss notable recent investments they’ve made.
Morgan Stanley's Chad Graves, Pax World's Joe Keefe, and ClearBridge's Mary Jane McQuillen discuss the ESG landscape.
The GMO chief investment strategist listed the 10 issues occupying his mind today, including human optimism, resource limitations, pressure on GDP, and the Fed's deficiencies.
Auto sales, housing starts, labor market indicators, and the stabilization of capital goods orders point to growth for the rest of the year, says J.P. Morgan Asset Management chief global strategist David Kelly.
Panelists from Vanguard, American Funds, and Dodge & Cox reframe the debate.
The importance of stewardship, total wealth, investor returns, and strategic beta for today's investors.
The GMO chief strategist advises prudence but says the market may well move even higher from here.
Recent succession planning should protect his legacy and serve shareholders well.
Emerging-markets index fund will now hold China A-shares.
This investor-friendly move will mean lower costs for most shareholders.
Fund will be left in experienced hands.
While PIMCO remains committed to equities, the firm likely will direct more energies toward enhanced-indexing strategies.
Firm announces succession plan and other management changes.
We've put the Acorn funds under review.
Settlement closes a nearly three-year-old controversy involving former BlackRock Energy & Natural Resources manager Dan Rice.
Two senior managers are leaving and the firm is making some tweaks within its research group.
New institutional funds to cost 10 basis points; firm also boosts international stake of multiasset offerings.
Morningstar is not making any changes to its ratings on the PIMCO lineup of mutual funds as a result of the departure.
A deep bench, a consistent process, and low fees should keep this Gold-rated fund on track.
Mike Gitlin's jump to Capital Group was unexpected.
High level of inflows leads firm to take action.
The Treasury issued guidance supporting the use of deferred annuities in target-date funds.
She will succeed her father, Ned Johnson, who will remain Fidelity's chairman.
Third Avenue Small Cap Value is Under Review because of impending manager changes.
With no explanation, Waddell & Reed fires the manager of a $12 billion fund.
Morningstar has put AllianceBernstein Discovery Value, previously rated Neutral, Under Review.