Skip to Content
  1. Authors
  2. Maciej Kowara

Maciej Kowara

Maciej Kowara is a strategist for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He specializes in active fixed-income funds.

Kowara has 20 years of investment industry experience. In 2016, he returned to Morningstar after spending four years as an asset-allocation portfolio manager for Aegon/Transamerica. Prior to that, he was a senior research consultant and portfolio manager at Morningstar Investment Services. Earlier in his career, he was vice president of the product analysis group at Deutsche Bank's Scudder Investments and worked as a mutual fund analyst for Morningstar.

Kowara holds a bachelor's degree in classics and philosophy from the University of Toronto and a doctorate in classics from Harvard University. He also holds the Chartered Financial Analyst® designation.


Active Bond Funds Holding Their Own
The latest update to the Morningstar active/passive barometer reveals that actively managed bond funds are much more likely to beat their benchmarks than equity funds.