Is Portfolio Diversification Overrated?
Most actively managed mutual funds fail to beat the market, but so do so-called concentrated funds with limited positions.
Morningstar Goes to Cash
Morningstar is concerned enough about valuations in U.S. markets that the firm’s chief investment officer is keeping his unconstrained portfolio at 40% cash.
Morningstar's Phillips Talks to AdvisorOne About Launch of New Analyst Ratings for Funds
Morningstar on Tuesday plans to launch in the United States its initial set of new global Analyst Ratings for funds and accompanying research as well as Global Fund Reports.
For most advisors, it's a no-brainer to pick the fund with lower expenses, assuming the fund's style, market capitalization and other major factors are equal....