Morningstar has become the go-to source for fund selectors for quite a while now. And this almost monopolistic position apparently has some influence not only on fund flows but also on returns of different investment styles. Itzhak Ben-David and his colleagues
Morningstar’s influence on style returns
Morningstar’s influence on style returns
Morningstar’s influence on style returns
Morningstar has become the go-to source for fund selectors for quite a while now. And this almost monopolistic position apparently has some influence not only on fund flows but also on returns of different investment styles. Itzhak Ben-David and his colleagues