Shifts in management lead to a downgrade for Ivy High Income and a Neutral rating for Ivy Asset Strategy.
Do these funds deserve all that money?
With no explanation, Waddell & Reed fires the manager of a $12 billion fund.
In this special one-hour presentation, Morningstar experts share their takes on how investors can navigate a world with slightly overvalued stocks, an uncertain interest-rate environment, and a slow-growing economy.
The love fest with Vanguard Wellington and Wellesley Income continues, but Berkshire Hathaway and J&J have their backers, too.
Plus, Ivy Asset Strategy outed as flash crash culprit, and more.
Given the number of emails and calls we're getting, we're not alone in wrestling with tactical asset allocation.
When it comes to their own funds, some managers invest millions and others invest bupkis.
What are the takeaways for shareholders?
Boring balanced funds plus one bold allocation manager rule the roost this year.