Its growing prominence in wealth management is responsible for the rating increase.
Adjusting for several factors--including fees, the time period, and the composition of the benchmark versus managers' real opportunity set--impacts the comparison.
Long-duration bonds got a boost as yields unexpectedly dropped in the first quarter, but foreign currency exposure dragged on some global-minded funds.
Legg Mason Announces 2015 Lipper Fund Winners
Strategic Global Income Fund, Inc. — Distribution Characteristics for March 2015
Global High Income Fund Inc. — Distribution Characteristics for March 2015
A recent Morningstar study showed that funds in which managers had invested over $1 million had higher success rates than funds in which managers had invested less, says Morningstar's Russ Kinnel.
Analysis Group Welcomes New Affiliates, Announces Staff Promotions
When it comes to fund performance , you don't always get what you pay for.