Morningstar Financial News

04.09 / 15:43

UPS ETF Morningstar MSCI country Latin Time Is Now the Time to Invest in Emerging Markets?

For some investors seeking to diversify their portfolios, emerging markets are looking increasingly attractive. There are 169 emerging-markets stock ETFs available to fund investors, with total assets of about $296 billion, according to fund researcher Morningstar Direct. Some analysts and financial advisers say there is a lot to like about this sector right now.

04.09 / 13:39

Pfizer Morningstar companies Coronavirus Healthcare Interactive Investor Threat NOT Stock Spotlight: US drug price negotiation not an immediate threat to Pfizer

The company reported earlier this year that the Covid-19 vaccine was expected to bring in sales of around $13.5bn in 2023, a decline of almost 70% from 2022.

31.08 / 13:39

UPS Lowe's Morningstar performer track Low Investors' shift to low-cost funds brings average fees down

Fund investors are keeping more of what’s theirs

30.08 / 14:13

UPS Microsoft Apple NVIDIA Morningstar Funds punished for owning too few Nvidia shares after stunning 230% rally

Nvidia Corp's soaring rally has thrilled investors this year — except for the sizeable number of fund managers who avoided what they believe to be an expensive stock. Shares of the semiconductor company — whose chips power generative AI apps such as ChatGPT — have more than tripled this year in a rally fueled by excitement over the prospects for artificial intelligence. Yet many funds hold less of the stock in their portfolios compared with Nvidia's weight in key equity indexes, making it tougher for them to beat their benchmarks. Across nearly 330 mutual funds benchmarked to the S&P 500 or a similar index, only 15% held an above-index weight in Nvidia, according to a Morningstar analysis of the funds' most recent regulatory filings.

30.08 / 14:03

Morningstar ESG schroders Wellington Management Only eight asset managers labelled ESG 'leaders' by Morningstar

The eight asset managers to earn a leader label were Affirmative Investment Management, Australian Ethical, Boston Trust Walden, Domini, Impax, Parnassus, Robeco and Stewart Investors.

25.08 / 15:47

UPS Extreme Aware Morningstar country Growing wildfire risk will result in rising insurance premiums, experts say

TORONTO — Canadian insurers are grappling with the higher risk of wildfires as this year’s fire season breaks records, and experts say rising premiums are just one way the industry is seeking to adapt to the changing landscape.

23.08 / 21:27

UPS Provident ETF SEC Strategy Morningstar Single-bond ETF manager goes against current by asking SEC for mutual fund share class

A boutique fund manager with a line of single-Treasury-bill ETFs is trying to follow in Vanguard’s footsteps — but in reverse — hoping to add a mutual fund share class to the products.

23.08 / 08:03

Morningstar UK companies Abrdn FTSE 100 Liontrust to lose FTSE 250 spot in reshuffle as abrdn drops out of FTSE 100

The latest FTSE quarterly reshuffle may not see any asset managers or investment companies join the UK’s blue chip index.

21.08 / 20:43

Citi Provident Reuters CEO Citigroup Morningstar show Citigroup mulls plan to remove leadership layer at its largest unit - source

By Tatiana Bautzer and Saeed Azhar

21.08 / 13:01

UPS Target Fitch Morningstar FPIs' investment value gains 20% to $626 billion in June quarter

equity market capitalisation marginally to 17.33% for the quarter under review from 17.27% for the March quarter. After pulling out funds to the tune of $3.2 billion from the Indian equities in the March quarter, FPIs took a sharp U-turn in the three months ended June and made a strong comeback with a net investment of $12.5 billion, the report said. "The flows were largely driven by the prospects of interest-rate direction in the US, how the global inflation numbers were shaping up, and China's economic woes, along with domestic indicators.

21.08 / 12:27

UPS Fitch Morningstar performer Indian FPIs' investment value in Indian equities gains 20% to $626 billion in Q1

Morningstar report. This could be attributed to good performance in the domestic equity markets as well as strong net inflows from foreign portfolio investors (FPIs). According to the report, the value of FPIs' investments in Indian equities rose from USD 523 billion as of June 2022 to USD 626 billion at the end of June 2023.

18.08 / 13:43

Provident Waters Morningstar Hawaiian safe Hawaii Fires Turn a Safe Investment Into a Big Risk

renewable energy build-outs, ultimately means large bills for ratepayers. “There’s obviously been more and more focus on these infrastructure investments given the weather environment," said Andrew Bischof, an equity strategist at Morningstar. Hawaiian Electric has been slow to complete such work despite warning in 2019 that it needed to do more.

17.08 / 18:03

UPS Provident FIVE Action Strategy Morningstar House Republicans House Republicans take anti-ESG campaign to CalPERS

The California Public Employees’ Retirement System has turned over thousands of pages of documents in recent months to Congress as the country’s largest pension fund faces Republican scrutiny for its investment practices intended to combat climate change.

17.08 / 11:03

UPS Ford Tesla Morningstar show EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford

startups as well as the limitations of the blank-check company structure through which it was taken public. The Vietnamese EV maker went public after merging with the special-purpose acquisition company Black Spade, a deal that resulted in $30 million in proceeds for VinFast. The stock, trading under the symbol “VFS," closed Tuesday at around $37 a share, up from Black Spade’s last closing price of $10.45.

15.08 / 14:39

Strategy HSBC BlackRock Morningstar funds Morningstar: Fixed income remains only asset class to gain net inflows in July

Passive strategies saw modest inflows in July, while active funds saw sustained redemptions.

14.08 / 18:17

Action Morningstar Kellogg show Kellogg, Kashi defeat appeals over products' protein content

By Jonathan Stempel

14.08 / 16:07

Lowe's Target Reuters Action Morningstar Hawaiian Hawaiian Electric Industries shares plunge 40% amid deadly Maui wildfire scrutiny

(Reuters) — Hawaiian Electric Industries' (NYSE:HE) shares plunged nearly 40% in early trading on Monday amid growing scrutiny over whether the utility company's equipment played any role in the deadly wildfires that burnt through the coastal Maui town of Lahaina.

13.08 / 09:01

Blockchain COST Man BAY Morningstar country accounting A country accounting firm gets caught in a Sydney money mystery

Every year, in August, staff at DMG Partners, a modest accounting firm in Gippsland, Victoria, bake cupcakes and cookies for their colleagues.

11.08 / 13:35

COST UPS Citi Ford Morningstar UAW Shares of Ford and GM strained as UAW strike becomes more likely

Although there are not a lot of details surrounding the ongoing UAW negotiations, Citi believes the recent ups and downs in General Motors (NYSE:GM) and Ford's (NYSE:F) stock prices might be aggravated by worries that there could be a strike. The chance of a strike happening seems to be getting higher, but the stock market sees it as something uncertain. Looking at how negotiations went before, Citi doesn’t believe the news right now is good enough to predict exactly how it will affect the companies. However, these new events do make it more likely that a strike could happen, and investors have been expecting something like this.

11.08 / 11:55

UPS NASDAQ COMPOSITE NVIDIA Morningstar Investors are 'overconfident' about the impact of A.I., strategist says

Market participants are «overconfident» about their ability to predict the long-term effects of AI, according to Mike Coop, chief investment officer at Morningstar Investment Management.

10.08 / 19:31

UPS Reuters CEO Morningstar Tapestry Deal Coach owner's Michael Kors deal creates US giant to take on European luxury rivals

By Aishwarya Venugopal

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