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Kevin McDevitt

Kevin McDevitt, CFA, is a senior manager research analyst for Morningstar.

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With the Fed signaling a slowdown in rate increases, bond investors have decided it's safe to go back into the water.

In January, the relative flows of passive funds fared worse than their active counterparts for the first time since January 2014.

Monthly fund outflows stabilized in November, as bond investors favored ultrashort vehicles.

More About Kevin McDevitt

Kevin McDevitt, CFA, is a senior manager research analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers primarily domestic- and international-equity strategies, as well as some multi-asset strategies.

Before rejoining Morningstar in 2009, McDevitt was an associate equity analyst and later managed trust portfolios for AG Edwards, which became Wachovia (now Wells Fargo). McDevitt originally joined Morningstar in 1995. He was a mutual fund analyst from 1996 to 1999 and also held positions within the company’s international team, Morningstar Associates, and Morningstar Investment Services.

McDevitt holds a bachelor’s degree in finance from the College of William & Mary and a master’s degree in business administration from Washington University. He also holds the Chartered Financial Analyst® designation.

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