After a couple of rough years, 2017 is looking a little better for liquid alternatives.
A few good screens can whittle the whole fund universe to fewer than 50 funds.
Data point to increasing diffusion of assets across active U.S. stock funds, which could theoretically make the market more efficient.
In a comment letter to the SEC, Morningstar’s Aron Szapiro explores what changes the fiduciary rule has had on the asset management industry and what the SEC can do to help investors.
These new securities have been strong performers, but also introduce new sources of risk into bond funds.
Though it has limitations, the star rating has, on balance, pointed investors toward funds they can succeed with.
These funds remain poised for success.
There is no such thing as a free lunch when it comes to government bond funds that consistently out-yield their peers.
Two passive options, an alternatives fund, and a new offering from a proven team are among the highlights.
Look out for three common HSA expenses: underlying fund fees, maintenance fees, and investment fees.
The odds may be better for small-cap managers, but they're still long.
Six good funds are hit with outflows, but three small good funds are seeing inflows.
The current approach to levying fees is outmoded and in need of change.
To understand a bond portfolio's risks, look beyond volatility-based metrics.
Some members of the Morningstar 500 carry concentrated positions.
How to make sense of short-term performance when you are a long-term investor.
With average fees falling, more funds should cut theirs, but too often they aren't.
Where Morningstar Medalists are finding value.
Managers who stockpile cash often take risks in other areas.
In the current benign volatility environment, it is useful to look at sector concentration.
Amazon’s impact has material consequences that reach beyond the large growth Morningstar Category.
These under-the-radar funds all have less than $200 million in assets.
Price discipline can offset some of the risks of investing in no-moat firms.
Investors looking to gauge a fund's interest-rate sensitivity need to look past duration.
The tech rally and value slump have been headwinds for these Morningstar Medalists, but don't count them out.
Diversification with minimal overlap is the best recipe for HSA investment menus.
In the future, the active-fund industry must shrink, cut prices, better-align with investors, and differentiate.
Check out our new coverage of funds from Invesco, Vanguard, and Prudential.
Despite a Fed rate hike, most Morningstar bond categories showed gains.
Growth beats value overseas as it has in the United States.
Growth funds and technology dominated, while value and energy struggled.
We evaluated 10 plans, and only one looks attractive for use as both a spending and investing vehicle.
Heavy credit or currency risk can make for more equitylike returns.
Recent trends show that passive sustainable funds are growing significantly faster than active ones.
To hedge or not to hedge?
And a short primer on the strategy.
When good funds' costs drop, you should pay attention.
Take backward-looking risk measures with a grain of salt.
The early returns are meager.
We’re changing how we present the performance of hedge funds that convert into mutual funds.
A star manager now on his own, a multifaceted alts fund, and a bold global growth vehicle are among the highlights.
Don't count on reversion to the mean, especially in the short run.
Around the world with investor-timing errors.
These are inhospitable markets for systematic trend-followers.
During 2016, fees hit record lows, assets reached a new all-time high, and asset-allocation techniques improved.
Investors have been voting with their feet for low-cost funds, bringing down average fees again in 2016.
Stepping back to see the forest for the trees.
We maintain a Parent rating of Neutral.
We're upgrading BlackRock’s Parent Pillar rating to Positive from Neutral.
Their benchmarks lack honor.