The secret to US equity outperformance
Most active US equity funds struggle to ever outperform their benchmark, but this year the secret to outperformance has been surprisingly straightforward.
Morningstar
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PA ANALYSIS: Time for active funds to adapt or die
The active funds industry must shrink, cut prices, better-align itself with investors and differentiate if it wants to compete against a passive onslaught, according to a report by Morningstar.
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Fixed income: the winners and losers in H1
As we move through the halfway point of 2017, many investors have grown wary of the risk asset rally and are returning to the relative safety of fixed income funds. But which have performed the best year-to-date? And which have not fared so well?
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Morningstar downgrades First State Global Resources funds
Morningstar has downgraded two of First State’s Global Resources funds from silver to neutral after the departure of two key personnel.
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Morningstar downgrades Fidelity small cap fund
Morningstar has downgraded the Fidelity European Smaller Companies fund from a silver to bronze, casting doubts on its three-pronged management style.
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PA ANALYSIS: Is FoF fees focus unfair or are there ‘too many snouts in the trough’?
Low fund fees are brilliant, investor-friendly, fair and inherently good. At least that’s what some in the industry would say, but what happened to the notion of paying that little bit more to get quality service?
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Morningstar downgrades Burdett and Potter funds
Ratings agency Morningstar have bumped two F&C Multi-manager funds down their rankings, citing high charges as a “drag” on outperformance.
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M’star criticises total return; says growth driven by timing
Keenly watched ‘total return’ figures are a poor guide to performance as investors’ timing drives their returns, Morningstar has warned.
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Morningstar to review 11 AllianzGI funds after co-manager quits
Morningstar is reviewing 11 funds run by Allianz Global Investors following news one its lead managers will leave the firm in September.
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Pioneer funds struggle after Le Saout exit
Pioneer struggled with €1.5bn (£1.3bn) of outflows in March as investors escaped funds run by its former head of European fixed income, Tanguy Le Saout.
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Morningstar questions FCA’s sums in market study critique
Morningstar has hit back at the FCA over its market study critique of fund ratings agencies.
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Morningstar: ‘Expensive’ trackers overlooked in active/passive debate
Passive funds charging investors over the odds have fallen under the radar as the debate over active fees has raged, according to Morningstar’s Jonathan Miller.