Bond Investors Are Paying Up Again for Active Fund Managers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2024
0mins
Source: WSJ
- American savers turning to Wall Street pros: Due to a rocky stretch in debt markets, American savers are seeking help from professionals on Wall Street to choose their bonds.
- Increase in actively managed fixed-income funds: $105 billion has flowed into actively managed fixed-income funds this year, surpassing the $74 billion that went into funds tracking an index.
- First time flows into active bond funds surpassed passive funds: This marks the first time since 2021 that flows into active bond funds have exceeded those into passive funds.
- Data source: The information is based on Morningstar Direct data as of April 30.
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Analyst Views on MORN
Wall Street analysts forecast MORN stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 173.130
Low
250.00
Averages
285.00
High
320.00
Current: 173.130
Low
250.00
Averages
285.00
High
320.00
About MORN
Morningstar, Inc. is a provider of independent investment insights. The Company's segments include Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The Morningstar Direct Platform provides investors with data, research and insights, and investment analysis to empower investment decision-making. The PitchBook provides investors with access to data, research, analytics, and artificial intelligence (AI) enabled software across private capital markets, including venture capital, private equity, private credit, bank loans, and mergers & acquisitions (M&A). Morningstar Credit provides investors with credit ratings, research, data, and credit analytics solutions. Morningstar Wealth provides investment products, investor tools, and an advisor platform powered by research and data. The Morningstar Retirement offers products designed to help individuals reach retirement goals.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Cautious Future Outlook: The memory chip market is expected to face oversupply by 2028; although Micron has secured a five-year contract with hyperscalers to ensure supply, cyclical fluctuations may still lead to significant sales declines, prompting investors to carefully assess the company's future valuation.
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- Complex Business Model: The merger with xAI complicates SpaceX's business structure, with potential future equity issuances expected, which poses greater challenges for investors in forecasting future earnings, especially given the $22.7 trillion total addressable market the company targets.
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See More
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