Only 5 percent of U.S. companies offer paid sabbaticals. One of those enlightened institutions is independent research firm Morningstar known for its objective, thorough and shareholder-friendly mutual fund research. Employees get a six-week paid sabbatical after just four years of employment, and every four years thereafter. Christine Benz and Russ Kinnel, both twenty-year Morningstar veterans have taken four apiece. They talk about their favorites and the differences these extended times off have meant to them.
The mutual fund industry is being buffeted by two enormous shifts: investors are deserting actively managed funds for passive ones and they are fleeing bond funds for other sources of income. What do these changes mean for investors? In their first joint television appearance, two Morningstar all-stars give us their perspective and advice. Continue Reading »