Morningstar's Russ Kinnel shares three ideas for playing macroeconomic trends, one fund with an interesting fundamental story, and an all-season choice.
Before going passive, investors need to check under the hood and examine expenses, says Morningstar's Christine Benz.
A mix of conviction and caution has paid off for this 5-star fund.
The FPA Crescent manager takes a pass on long-dated bonds and high yield, but found value in old-school tech firms.
Seeing few opportunities that meet their risk-reward criteria, the team at FPA Crescent --winner of Morningstar's 2013 Allocation Fund Manager of the Year award--is sticking to its discipline and letting cash build, says manager Steve Romick.
Vanguard launches international-bond fund, FPA Crescent picks up 2 new comanagers, and managers depart at GSAM, Buffalo, and BlackRock. Also, Matthews to close its Asia dividend fund, and Morgan Stanley set to launch a global quality stock fund.
Top managers continue to find new opportunities, while taking full advantage of a rising stock market to book some gains.
In the context of a normal interest rate environment, today's markets aren't providing investors with a lot of opportunities, says FPA's Steven Romick.
What the difference is--and how you can help mend fences.