This study examines the Morningstar rating system as a predictor of mutual fund
performance for US domestic equit funds. We also compare the predictive abilities of the …

Investment consultants advise institutional investors on their choice of fund manager.
Focusing on US actively managed equity funds, we analyze the factors that drive …

We investigate whether the same finite dimensional dynamic system spans both interest
rates (the yield curve) and interest rate options (the implied volatility surface). We find that …

The study reported here identified an age bias in the Morningstar mutual fund ratings. I
found that the average overall star ratings of seasoned funds are consistently—and in many …

Using a sample of Australian Multi‐sector trusts we examine selectivity and market timing
performance and extend the analysis to include the relatively new measure of volatility …

Securing a mutual fund that meets investment goals is an important reason why some
investors exclusively stay with a particular mutual fund and others switch funds within their …

With currently more than 17,000 mutual funds available, many investors are looking for tools
to identify the best performing mutual funds. The most well-known fund rating system is …

Morningstar is one of the major ratings suppliers of Australian managed funds. Ratings are a
convenient information source for investors. Over time the ratings methodology used by …

Purpose This study aims to analyze the impact of different governance characteristics on the
ratings of both Islamic and conventional mutual funds. Design/methodology/approach This …

Recent research suggests that the individual investor can build stock portfolios that
outperform broad market indices. Based on this research and on evidence supporting the …