|Day's Range||37.50 - 37.50|
Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today published its biennial global study of investor returns, "Mind the Gap," which measures how opportunely investors have timed their fund investments. The study estimates the performance of the average dollar invested in a fund and compares it to the fund's time-weighted return. The difference, or "gap", represents the impact that the timing of investors' purchases and sales had on the investment outcomes they achieved. The study finds that the return on the average dollar invested in funds lagged the average fund's return in most of the seven markets studied.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Stocks and bonds, domestic and international—all have posted nicely positive returns, along with real estate investment trusts and precious metals. Real assets, such as commodities and energy-related master limited partnerships, have been among the few downers. A 60/40 mix of the (ticker: SPY) and (AGG)—exchange-traded funds that track the most widely used benchmarks for the U.S. equity and fixed-income markets—have returned 19.20% for the year, through Wednesday, according to (MORN) That’s the sort of showing that would please most equity-only investors in a typical year, although putting all your chips in the SPDR ETF would have generated a 26.36% return.
The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 30 cents per share. The dividend is payable Jan. 31, 2020 to shareholders of record as of Jan. 3, 2020. The 7.1 percent increase from the prior quarterly rate of 28 cents per share results in an annualized dividend of $1.20 per share compared with the prior annualized rate of $1.12 per share.
PitchBook had about 300 employees and more than 1,000 clients when it was launched in 2007. It now has about 4,500 clients.
Many US mutual funds categorised as global by Morningstar are packed with US stocks, flattering their performance and potentially luring investors on the grounds of their high ratings. Morningstar, the influential fund-ratings group, defines its “world” categories for both large and mid-cap equity portfolios as investing in “a variety of international stocks”, adding that the funds typically have 20-60 per cent of their assets in US stocks. Three funds run by Neuberger Berman, each in Morningstar’s “world” large stock category, had a 99 per cent allocation to US stocks.
It’s hard to predict the fate of the U.S.-China trade war just before a new round of U.S. tariffs is set to punish Chinese imports.
Fund manager M&G has halted trading in its £2.5bn property fund after fears over Brexit and a retail downturn prompted investors to rush to withdraw their money, echoing the crisis in the sector following the EU referendum. “In recent months, unusually high and sustained outflows from the M&G Property Portfolio have coincided with a period where continued Brexit-related political uncertainty and ongoing structural shifts in the UK retail sector have made it difficult for us to sell commercial property,” it said.
More investors registered for the SRI Conference in Colorado Springs while sustainable funds are receiving bigger chunks of money and competition is heating up among data providers.
CHICAGO , Nov. 19, 2019 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) ...
A new academic paper says Morningstar has faulty data for its bond-fund star ratings, a claim the company disputes.
Despite claims to consider environmental sustainability, ESG funds invest in Exxon and Occidental Petroleum
A leading consumer spokesperson on investor protection issues, Roper has conducted studies of abuses in the financial planning industry, state oversight of investment advisors, state and federal financial planning regulation, financial planning software, financial education needs of low-income older persons, the information preferences of mutual fund shareholders, systemic risk regulation, and securities law weaknesses as a cause of the financial crisis. Roper is a member of the SEC's Investor Advisory Committee, Finra's Investor Issues Group, and the CFP Board's Public Policy Council and Standards Commission.
So much for the October Effect.Stocks have a reputation for declining in October, and no wonder: Some of the market's darkest days, including 1929's Black Tuesday/Thursday and 1987's Black Monday--occurred during that month.
An accomplished growth investor, Lynch explains how his team seeks to gain an edge, susses out the difference between innovation and mission creep, and applies different frameworks to mitigate biases and ...
SYDNEY , Nov. 3, 2019 /PRNewswire/ -- Morningstar Australasia Pty Limited , an Australian subsidiary of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, announced ...
Postcrisis plan enabled unsolicited ratings, meant to limit bond issuers’ ability to exert influence over ratings firms. Few, if any, such ratings have been published.
This article originally appeared in Morningstar Direct Cloud and Morningstar Office Cloud. Which funds managed to tough out category-topping performance during the last three years when value's overall numbers were at their bleakest since the late 1990s? In the second part , we tapped into Morningstar's manager research team to learn about what they've been hearing from fund managers.