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Does Manager Ownership Lead to Better Fund Performance?

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.

Christine Benz: Hi, I'm Christine Benz for Does heavy manager ownership lead to better fund performance? Joining me to discuss his latest research on that topic is Russ Kinnel. He is director of manager research for Morningstar.

Russ, thank you so much for being here.