60/40 portfolio is still hard to beat: Morningstar
The top-performing families employed a variety of asset management strategies
Households are facing the dual drags of inflation and higher interest rates, report says
High valuations curb return potential despite strong economic growth
Advisory and customer service functions are among the most advanced AI uses, a report says
Vince Childers of Cohen & Steers says supply-side risks threaten market expectations for a return to low and stable inflation
New fund for accredited investors provides access to four private asset classes
Fixed-income funds continue to dominate flows
Plus, CI has an asset-allocation suite, and First Trust takes a laddered approach to U.S. equities
Mutual fund redemptions rose and ETF sales slid, as investors fled equities