Before going passive, investors need to check under the hood and examine expenses, says Morningstar's Christine Benz.
Morningstar's Russ Kinnel shares three ideas for playing macroeconomic trends, one fund with an interesting fundamental story, and an all-season choice.
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 .
An absolute value approach has led FPA Crescent's Steve Romick to large-cap global growth names and away from high yield.
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 .
Top managers continue to exercise a lot of patience as they look for buying opportunities in a U.S. equity market that has risen close to 40% since the start of 2013.
The market has rarely discounted large, strong companies this cheaply, argue Steven Romick of FPA and Ben Inker of GMO.
How to employ our Fund Manager of the Decade nominees wisely.
The answer, so far, is yes; cultural constants preserve the firm's uncompromising ethos.
Interviews conducted on Jan. 15. Edited for clarity.