In the Margins

WSJ: Funds misrepresenting Morningstar ratings

November 20, 2017

By The Wall Street Journal

Asset managers are sometimes misrepresenting ratings from Morningstar Inc. in advertisements aimed at investors, a Wall Street Journal review has found. The review of more than three dozen mutual fund and exchange-traded fund advertisements found at least eight ads were inaccurate. Some reflected ratings that were higher but out-of-date, while others contained misleading language. Read the original story from The Wall Street Journal.

 

 

Most Read

Top of the Agenda - Compensation
Fund CCOs continue to see pay increases

Mutual fund chief compliance officers saw notable increases in pay again in 2018, though they did not receive as big a pay bump as they did ...

10 Things
10 Things...to read in summer 2019

Hello, Summer 2019! Today's solstice marks the beginning of the season, and that—hopefully—means a slower pace for a few months. Trips to the beach, time on ...

A Seat at the Table
Invesco Funds board finalizes succession plans

The Invesco Funds board will name Christopher Wilson vice chairman at its June meeting, making him the heir apparent to long-serving independent Chair Bruce Crockett. Crockett ...