Morningstar Moments: Advisor and Asset Manager Call-Outs
Did you know: Rivian hit more than 50% above its IPO price in its first two days?
1) The Social Media Shake-Up
The next generation is using social media for more than flexing their latest vacations, purchases, and achievements. Instagram, TikTok, and other platforms are now a space to share advice and call out bad behavior.
highlights a recent viral TikTok series to explain how younger employees are changing the workforce.
2) Owning Up and Showing Up
Promises and pledges to reach Net Zero were made by many asset managers and companies during COP26. However, a study of Net Zero Asset Manager commitments pointed out that some may be falling short. The biggest culprit: index funds.
urges asset managers and investors alike to do their part.
3) Rivian’s Supercharged Stock Debut
EV manufacturer Rivian RIVN started trading on Nov. 10 and took off, raising nearly $12 billion through the stock offering. Will this stock stay hot or is it already cooling off?
do a temperature check.
Stay in the loop with @MorningstarInc and our analysts: Samantha Lamas, behavioral researcher: @SamanthaLamas4 Jon Hale, head of sustainability research: @Jon_F_Hale Tom Lauricella, editor for Morningstar Direct: @LauricellaTom