Mutual Fund Landscape 2019

  • April 23, 2019

Using a representative sample of US-domiciled mutual fund returns from Morningstar, the report documents the power of market prices by assessing fund returns over multiyear periods. The exhibits include data visualizations of fund survivorship and outperformance, persistence of top-quartile funds,…

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Matrix Book 2019

  • April 17, 2019

The annual survey of investment performance draws on historical data to look beyond short-term market fluctuations and shed light on the dimensions that explain differences in returns.   The Matrix Book is a unique a tool for seeing decades of…

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The Index Bogeyman

  • April 4, 2019

Index funds have received increased attention from investors and the financial media. Some people have claimed that greater usage of index funds may be distorting market prices, but despite their growing popularity, the data continue to support the idea that…

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