Morningstar’s Alex Bryan casts doubt on the cost-effectiveness and usefulness of smart beta funds.
Category: Fund news
The best and the worst funds – August 2017
China funds continue to dominate the best performers’ table. Allianz, UBS, Schroders, Castlestone — these firms had funds among the best and the worst performers over the last three years.
Apac pension funds outpace global average
Pension funds in Asia-Pacific grew faster than the global average in 2016, while still lagging behind in long-term growth, according to a report from Willis Towers Watson.
Strong Q2 for HK mutual funds
The assets in Hong Kong SFC-registered mutual funds grew by 15.3% over the past 12 months, according to the regulator’s quarterly report for June 2017.
Expensive funds don’t earn their fees
In a quick comparison of the most and least expensive mutual funds, FSA finds that on average the ones with high fees tend to underperform more often than those with low fees.
Morningstar: Active fund fees must change
The time has come to offer investors a fairer deal by dropping fixed fees and adopting a performance-based model, according to Morningstar’s head of global manager research Jeffrey Ptak.
Strong EM passive fund inflows pressure active fees
As passive products increase their market share among emerging market funds, active fund managers must outperform to justify their fees, argues a report by Cerulli Associates.
Investors take profit from hot emerging market funds
Emerging market equity and bond funds ended their longest inflow streaks since 2013 during the second week of August as investors took some of their year-to-date gains off the table.
Morningstar fund reviews and re-ratings – August 2017
A JP Morgan fund was upgraded and analyst ratings of Aberdeen, Fidelity, First State and Henderson funds were reaffirmed.
The best and the worst funds – July 2017
Allianz, UBS, Schroders, Castlestone — these firms had funds among the best and the worst performers over the last three years.
