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As the Fund World Turns

Morningstar examines categories and investment firms across the globe in its inaugural study on fund lineup turnover.

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About the Authors

Gabriel Denis

Senior Analyst
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Gabriel Denis is a senior manager research analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc.

Denis assists with parent research and is a member of the global parent ratings committee, which oversees the assignment of Morningstar Parent Pillar ratings for all investment managers under coverage. Additionally, he helps coordinate environmental, social, and governance research and is a member of the ESG Commitment Level ratings committee.

Prior to his current role at Morningstar, Denis focused on fixed-income strategies and published research on sustainable bond strategies and broad taxable fixed-income market trends. Before joining Morningstar in 2016, Denis served with AmeriCorps Vista in Baltimore.

Denis holds a bachelor's degree in history from Johns Hopkins University.

Bridget B Hughes

Director, Parent Research, Global Manager Research
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Bridget B. Hughes, CFA, is director of parent research for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. Hughes is responsible for leading Morningstar's firm-level research efforts. She directs the U.S. parent ratings committee, which oversees the assignment of Parent Pillar ratings for all U.S. investment managers under coverage. She also leads the firm's global parent ratings committee and helps coordinate collaboration on parent firms among manager research analysts, who together produce Parent Pillar ratings for more than 300 asset managers globally. Hughes is also a member of the committee that determines each Morningstar ESG Commitment Level for asset managers.

Prior to her current role at Morningstar, Hughes was a senior manager research analyst focused on domestic- and international-equity strategies. She has been the lead analyst on a variety of asset managers, including large, diversified managers such as Vanguard as well as smaller boutique firms.

Before joining Morningstar in 1995, Hughes worked for American Funds' transfer agency and for Shearson Lehman as a financial consultant.

Hughes holds a bachelor's degree in finance and in economics, with honors, from Illinois State University. She also holds the Chartered Financial Analyst® designation.

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