Mon, 11 Nov 2013
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These warning flags merit further investigation from bond - fund investors, says Morningstar senior fund analyst Eric Jacobson.
September and third-quarter asset-flows data show that investors remain cautious of interest-rate risk and a fully valued stock market, and instead prefer nontraditional bonds and foreign equities.
Active bond - fund managers are deviating from the Barclays Aggregate Index, but the index itself has also changed, says Morningstar's Eric Jacobson.
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