Title
Topic
Content Type
Sustainability Matters: Has the Era of Sustainable Capitalism Arrived?
By Jon Hale  | 18 January 2018

BlackRock chairman and executive officer Larry Fink's annual letter to CEOs, titled "A Sense of Purpose," states flatly that companies need to do more than make profits. In order to prosper over the long run, Fink states, companies must serve a social purpose.
ESG/Sustainable Investing
Research Paper
Individual
Advisor
Fund Buyer
Sustainable Fund Choices Continued to Expand in 2017
By Jon Hale  | 04 January 2018

The universe of sustainable investment funds in the United States continued to grow in 2017, making it easier than ever to invest for sustainability and impact. A total of 39 new open-end funds and exchange-traded funds launched during the year. That number includes the 10 funds in the first sustainable target-date series and 11 ETFs. In addition to the newly launched funds, 17 existing funds were added to the sustainable-funds universe because they now incorporate ESG criteria and have made that explicit in the prospectuses they have issued this year.
ESG/Sustainable Investing
Research Paper
Individual
Advisor
Morningstar Direct Asset Flows Commentary: Europe--November 2017
By Ali Masarwah  | 03 January 2018

Inflows to open-end funds in Europe are set to hit a new yearly record.
Flows
Research Paper
Individual
Advisor
Fund Buyer
Morningstar ETF Managed Portfolios Landscape - Q3 2017
By Ben Johnson, CFA  | 28 December 2017

Assets in ETF managed portfolios increased in the third quarter of 2017. At the end of September, strategies in Morningstar's database had collective assets under management and assets under advisement of $111 billion.
Asset Allocation
ETFs
Research Paper
Advisor
AM Sales & Marketing
Sustainability Matters: 5 Big Things About Sustainable Investing in 2017
By Jon Hale  | 21 December 2017

There has been an increased focus on delivering impact alongside financial returns.
ESG/Sustainable Investing
Research Paper
Individual
Advisor
Fund Buyer
The Morningstar Analyst Rating for Funds: Analyzing the Performance of the Analyst Rating Globally
By Jeffrey Ptak, James Li  | 11 December 2017

We analyzed the global performance of the Morningstar Analyst Rating for funds based on its ability to predict funds' future risk-adjusted returns. We employed two standard approaches to measure the ratings' predictive ability: 1) Fama-MacBeth regressions, and 2) the event study framework. The time frame of ratings is November 2011 through April 2017, and subsequent performance is tracked through October 2017. Our analysis shows that the Analyst Rating exhibited predictive power during our sample period, though the strength varied between asset class. Using the regression technique, we found the Analyst Rating was most predictive among equity and allocation funds, where Gold-, Silver-, and Bronze-rated funds significantly outperformed after accounting for expenses and common risk-factor exposures. Our findings were similar under the event-study method: The average Gold-rated fund produced 0.76% per year in alpha (versus a relevant category index) over a 60-month event horizon whereas the average Neutral- and Negative-rated fund earned negative 0.04% and 0.22% of alpha per year, respectively. Taken as a whole, we find that the Analyst Ratings effectively sorted funds based on their average future risk-adjusted returns.
Rating Ourselves
Research Paper
Individual
Advisor
Fund Buyer
Do Vanguard and BlackRock Own Too Much of Corporate America?
By Haywood Kelly, CFA, Aron Szapiro  | 07 December 2017

Stewardship
Practice Management
Magazine Article
Advisor
Sustainability Matters: Does Sustainable Investing Help or Hurt Returns?
By Jon Hale  | 07 December 2017

It's complicated, but sustainable funds more than hold their own on a risk-adjusted basis.
ESG/Sustainable Investing
Research Paper
Individual
Advisor
Fund Buyer
Passive Fund Providers Take an Active Approach to Investment Stewardship - Full Report
By Hortense Bioy, CFA, Alex Bryan  | 06 December 2017

As assets continue to flow from actively managed to index-tracking strategies, the largest index asset managers are becoming increasingly influential, often ranking among the largest investors of public companies. Despite this fact, little research has been done to understand how index managers carry out their investment stewardship responsibilities. In this paper, we share our findings and highlight what managers have in common and areas where they differ. We also provide a list of best practices that investors can use to assess how asset managers stack up.
ESG/Sustainable Investing
Passive Investing
Research Paper
Individual
Advisor
Fund Buyer
EMEA Manager Research Asset-Class Spotlight: Allocation
By Natalia Wolfstetter  | 04 December 2017

This asset-class spotlight for allocation funds covers open-end Morningstar Medalists available for sale in Europe (including the United Kingdom), Hong Kong, and Singapore.
Medalists
Multi-Asset
Research Paper
Individual
Advisor
AM Sales & Marketing
Fund Buyer
Show 1 - 10 of 599 items   1  2  3  4  5   ...  
Terms of UsePrivacy PolicyGlobal ContactsSecurity CenterJobs
© 2017 Morningstar. All rights reserved.