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Today, we're celebrating 40 years of investors first! From our humble beginnings in 1984 to becoming a beacon of independence, transparency, and long-term focus, our journey has been nothing short of extraordinary. To all who've been a part of this incredible Morningstar story since 1984, we say thank you!

Advisors say less is more https://spr.ly/6048s2dao The competition for advisors’ time, attention, and allocations has never been more intense. Discover what we learned from our recent surveys about the evolving relationship between financial advisors and asset managers in our new blog.

Congratulations to #MorningstarRetirement’s Thomas Idzorek for being featured in the Journal of Portfolio Management’s 50th anniversary issue with his paper, Domesticating the Factor Zoo with Economic Theory, written with Yale School of Management’s Roger Ibbotson and Paul Kaplan. You can read it here: https://spr.ly/6040s2dqs. The authors identify what they think of the most likely asset pricing factors moving forward. Important disclosures: https://spr.ly/6041s2dqt

Last week, Burberry's new CEO set out a strategy to turnaround profitability, which saw shares increase. Jelena Sokolova, CFA explained to The Times that the strategy was “encouraged by Burberry’s focus on areas where the brand is strongest, namely outerwear and scarves. We previously argued that these areas, which differentiate Burberry from its peers, are not emphasised sufficiently. That said, these products contribute around 40 per cent to 50 per cent of revenue by our estimates and wouldn’t, alone, move the needle for a brand turnaround.” https://spr.ly/6044s0TIm

Following the US election result, Morningstar's Shannon Kirwin told CNBC that a significant chunk of investors were hoping for European bonds to hold up “fairly well” in the coming years, while the euro is expected to weaken. https://lnkd.in/guSy6AXe “Even before the U.S. election, the consensus among the bond fund managers I have spoken with was that the European bond market offered more compelling value than the U.S. market. As a result, many managers had already positioned their portfolios to be slightly tilted towards European credit and away from US corporate bonds,” she added.

The 2024 Morningstar Sustainable Investing Summit (#MSIS24) took place at Beurs van Berlage in Amsterdam, Netherlands, featuring several key moments. Here are five highlights from Day 2 ??

Are your clients' investment strategies ready for 2025? Join this discussion with Morningstar analysts as they explore key themes like AI and interest rates while sharing actionable insights on how to build a resilient portfolio for next year and beyond.?Register today!

Check out Morningstar's latest research on Diversity in Asset Management by Bridget B. Hughes, CFA and Alyssa Stankiewicz. Their recent study presents demographic data from over 146,000 employees across 40 US asset management firms. Access the full report here: https://spr.ly/6048sv3S6

Why do investors fire their financial advisors? In our recent webinar, Morningstar analysts Danielle Labotka and Samantha Lamas shared top motivations behind termination decisions. https://spr.ly/6048SAw5K

Morningstar has data that speaks materiality https://spr.ly/6040sYXb8 Investors need data to turn ideas into reality, and in this blog Kunal Kapoor, Morningstar CEO details methods on how to focus action on investors.