Anna Snider of BAC, “How you evaluate private assets is not through Sharpe Ratio.”

Anna Snider of BAC, “If you’re holding something in your portfolio at less than 5%, it’s doing nothing for you.”

Three large-growth managers talk about the Magnificent 7. #MICUS

#NotTheOnion

The one and only, Ron Baron! #MICUS

Huge thanks to Joanna Gallegos and Dave Nadig for sharing their thoughts on private assets in ETFs. Top things I took away: 1. Invest with companies you trust 2. Pair the right strategy with the right wrapper 3. An ETF can add liquidity/price discovery to an asset class..to a point

Clients who invested in a target-date fund for the past 15 years and collect Social Security should be set for retirement. Our 2025 Target-Date Fund Landscape report analyzes flows, fees, asset composition, top picks based on the Morningstar Medalist Rating, and more.

I had a great conversation with managers Dhiren Shah and Patrick Cadell of Ashmore. Read the story below 👇🏼

2025 has so far been great year for buying the dip

Investors beware! ⚠️ These 3 funds are bad bets with high risk. spr.ly/60174YpiZ

Q2 2025 was a rollercoaster quarter for US stock funds. The funds that got hit the hardest amid the trade war were the ones that bounced back the most. When all was said and done, the most aggressive growth funds prevailed.

Gabelli files for a new active ETF: Gabelli High Income ETF. Seems to be a reasonable fit for the firm's lineup given its focus on value investing.

Wendella boat tour on the Chicago River.

$UNH is essentially flat over the trailing 5-year period. Years worth of gains erased in a matter of weeks.

VanEck disclosed about a month ago that its Gold Miners ETF $GDX will move from the NYSE Arca Gold Miners Index to the MarketVector Global Gold Miners Index on Sept. 19, 2025.

Writing = Thinking Don't outsource it to AI

That $UNH premium is no more. $ELV

No better feeling than seeing your research on the front page of the Morningstar, Inc. website.

Honored to take over our US Prospects list publication going forward. I highlighted four funds that were just added to our list this edition, which included two active ETFs and two small-cap actively managed funds.

Tough end to the week and start to August...