Skip to Content
  1. Authors
  2. Jason Kephart

Jason Kephart

Jason Kephart, CFA, is a senior manager research analyst for Morningstar.


Long-short equity funds should, in theory, help protect against big equity market drawdowns but large players like AQR and Boston Partners were hit hard when value stocks sank last year.

In today's uncertain fixed-income and equity markets, a fund that offers noncorrelated exposure can add value to investors' portfolios, says Vanguard's John Ameriks.