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Rekenthaler Report

About That Morningstar Cover Jinx

How Morningstar's Fund Managers of the Year perform after the fact.

Black Cats and Broken Mirrors
All right, I confess: I cheated with the headline. There's no longer the sense among industry watchers that Morningstar's Fund Manager of the Year Award serves as a jinx. This year, I've only seen one such article--a blog in U.S. News & World Report called "The Curse of the Morningstar Top Fund Manager"--and even that was a head fake, as the article ended up being more about investor behavior than about the performance of FMOY funds.

But it's a good excuse to run the numbers.

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