We give an in-depth look at how we determined that winning managers trail their benchmark for a decade on average.
We’ve upgraded Western Asset Core Bond's Analyst Rating to Gold, thanks to its improved Parent rating, outstanding fixed-income staff and resources, and fine long-term performance.
Data point to increasing diffusion of assets across active U.S. stock funds, which could theoretically make the market more efficient.
TIPS have performed well as insurance against inflation, but they haven’t proven themselves as an investment vehicle.
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.
Conventional wisdom holds that higher rates will hurt stocks with high dividend yields, but we find the supporting evidence rather weak.
Over the last year, we found that bond funds were less sensitive to rates than their reported durations would suggest.