Ever since the global financial crisis of 2008, investor money has flooded into funds that combine stocks, bonds, and other asset classes. According to Morningstar data, assets in multi-asset mutual funds and ETFs reached $4 trillion in 2020, up from roughly $1 trillion in 2008. While they go by different names and come in varying shapes and sizes, these multi-asset funds share built-in asset allocation and often target an objective.
But while multi-asset strategies have many positives, they present a real challenge when it comes to benchmarking. Defining the investable universe in a way that allows measurement is a difficult task. Multi-asset investment managers respond with a wide range of solutions and the result is a muddle for investors. In this webinar, you will learn about how Morningstar analysts benchmark multi-asset funds using the new Morningstar Target Allocation Index through Morningstar Direct.
Robert Edwards, Senior Investment Product Manager, Index Products
Matias Möttölä, Associate Director, Multi-Asset and Alternatives, Manager Research, EMEA
Duration: 45 min