Latest Charts

Uber eats shareholder value

Uber Technologies has had a difficult first few days as a public company. Since its initial public offering hit the exchanges on Thursday, shares fell about 16.6% as of midday Monday, resulting in a $12.6 billion loss in shareholder value.

Endowments led by women outperform those led by men

Among the 100 largest endowment plans, those managed by a female CEO, CIO or president have on average outperformed those managed by men or OCIOs over the trailing one- and five-year periods.

U.S. equities cozying up to crude with mixed results

The 12-month correlation between U.S. equities and West Texas Intermediate crude has crept higher in 2019. Since 2009, equities, as measured by the Russell 3000 index, have performed better in periods when their correlations to crude was relatively weak.

Equity funds lose $37 billion in March, EM adds $1.5 billion offset

Equity mutual funds lost $37.1 billion in net outflows during the first three weeks of April despite an overall positive first third of the year. U.S. equity funds lost the lion's share, with $23.6 billion walking out the door in April, about half of the year's total net outflows.

Outflows and low-fee share-class shifts hit active funds

Morningstar’s 2019 annual U.S. Fund Fee Study reports that investors paid about 3 basis points less in 2018 than they did in 2017 in investment management fees. In dollar value, the researchers estimated that the difference equated to about $5.5 billion.

Charts

Uber eats shareholder value

Uber Technologies has had a difficult first few days as a public company. Since its initial public offering hit the exchanges on Thursday, shares fell about 16.6% as of midday Monday, resulting in a $12.6 billion loss in shareholder value.

Charts

U.S. equities cozying up to crude with mixed results

The 12-month correlation between U.S. equities and West Texas Intermediate crude has crept higher in 2019. Since 2009, equities, as measured by the Russell 3000 index, have performed better in periods when their correlations to crude was relatively weak.

Charts

Equity funds lose $37 billion in March, EM adds $1.5 billion offset

Equity mutual funds lost $37.1 billion in net outflows during the first three weeks of April despite an overall positive first third of the year. U.S. equity funds lost the lion's share, with $23.6 billion walking out the door in April, about half of the year's total net outflows.

Charts

Outflows and low-fee share-class shifts hit active funds

Morningstar’s 2019 annual U.S. Fund Fee Study reports that investors paid about 3 basis points less in 2018 than they did in 2017 in investment management fees. In dollar value, the researchers estimated that the difference equated to about $5.5 billion.