Morningstar Site Map

Articles


markets

Global Market Report - 01 April

Australian shares are set to edge lower after Wall Street ended in the red.
personal-finance

ASIC finfluencer crackdown bites, but advice need remains: Editor's Note

We need to find a middle ground between high-priced financial advice and unlicensed investment conversations on Tik Tok, writes Emma Rapaport.
stocks

Fair value upgrades on the table: Morningstar resources update

Supply disruptions following Russia's invasion of Ukraine are forcing analysts to consider the possibility elevated prices persist.
markets

Frydenberg has spent big - but spend and save is the next big challenge: Firstlinks newsletter

The return of selling fees; Cycle investing; Helping the supply chain; Getting used to inflation; Population decline; Budget summary; 6% mortgages?
markets

Yikes! 3 critical factors influencing inflation and rates in Australia

Despite inflation rising as companies pass on price increases, the RBA is reluctant to increase rates. The market is pricing in a dozen rises by the end of 2023, but Philip Lowe will see a threat to his legacy.
markets

Global Market Report - 31 March

Australian shares are poised to edge higher, shrugging off a negative lead from Wall Street.
stocks

Bank and resource dividends well placed for rising interest rates

The major drivers of ASX dividends should be untroubled by a rising rate environment.
personal-finance

Investing basics: What is a yield curve and why are investors worried?

Here’s why this important bond market indicator is flashing a warning sign.
stocks

8 US stocks fundies love

These names are widely held among some of our favourite concentrated-fund managers.
stocks

Bank outperformance speaks to positive trajectory: Morningstar

Rising interest rates, strong economic growth and cheaper valuations are driving banking stocks ahead of the broader market.
markets

Global Market Report - 30 March

Australian shares are set to rise following a rally in US and European markets.
etfs

Thematic funds continue to capture investor imagination (and their money)

But investors should think twice before chasing the next hot theme, writes Kenneth Lamont.
personal-finance

What's your real inflation rate?

Headline inflation is spiking but it doesn't tell the full story with some households disappropriately affected. Here's how to calculate your own personalised inflation rate.
personal-finance

What the pre-election budget means for investors

Cash handouts, winners from the infrastructure splurge and warnings that spending could accelerate the start of interest rate hikes.
markets

Global Market Report - 29 March

Australian shares are poised to rise as tech stocks helped Wall Street higher.
stocks

Finding the value in Chinese shares: Charts of the week

The most undervalued major market in the world is also one of the most complicated. 
markets

All eyes on the jobs report: Week ahead in US Markets

More strong readings on the labour market are expected as the Fed is seen moving higher, faster on rates.
stocks

4 airline stocks with long runways ahead

These companies are poised for a revenue bump as travel rebounds.
stocks

Stock vs stock: Netflix and Disney

Where are entertainment and streaming services headed?
markets

Global Market Report - 28 March

Australian shares look set to rise after US shares extended their rally into a second week.
markets

War in Ukraine: One month in six charts

This week marked one month since Russia's invasion of Ukraine. Here's how it impacted financial markets.
personal-finance

Investing basics: what’s an NFT?

Digital images are worth more than a thousand words. In fact, they could be worth millions. Or nothing at all...
markets

Energy dividends; global equities rally; cash splash ahead of Budget 2022: What we learned this week

Surging wheat prices start to bite and Hamish Douglass farewells Magellan board.
markets

Cash, it's a love-hate thing - Firstlinks newsletter

Same fund, but cheaper? Hume's crypto frontier; Need a bigger battery; Plight of Russian oil; Invasion impacts; Private equity; Global REITs.
markets

Global Market Report - 25 March

Australian shares are set to go higher after a rally on Wall Street.
stocks

Morningstar Best Ideas List: WiseTech looks cheap after tech selloff

Problems in global supply chains are an opportunity for WiseTech as its logistics company customers move to replace old software.
personal-finance

Why petrol prices are soaring and how you can cut costs at the pump

Seven tips for cutting fuel use and finding cheaper petrol as Russia's invasion of Ukraine sends energy markets soaring.
fixed-income

Bond investors facing worst losses in years

With inflation still running hot, bond prices are sliding as the market looks for faster Fed rate hikes.
markets

Global Market Report - 24 March

Australian shares look set to fall in line with Wall Street.
stocks

Financial service stocks on sale amid sector sell-off

Analysts believe the asset manager sell-off overlooks some of the attractive traits of businesses like Magellan, Platinum and Pendal. 
stocks

First fires, then floods: How listed insurers are weathering extreme events

Markets focused on floods and bushfires are missing how insurers are cutting costs, doing more digitally and are looking down the barrel of a lift in investment income.
stocks

Markets enter a new phase – where the opportunities lie

Four sectors and seventeen stocks for the bulls and the bears on value's latest rally.
funds

LICs ETFs and MFs: Four ways to invest in the same fund and save money

Why invest in an unlisted fund when the listed version of the same fund is priced at a discount? Why hold a listed version at a premium when the unlisted version is cheaper? Find the best way to invest.
stocks

Warren Buffett's Berkshire snaps up insurer for $11.6bn: Morningstar view

Here is how we expect the wide-moat firm to manage the insurer and reinsurer Alleghany Corporation.
markets

Chinese stocks: The road to nowhere

Where are the shareholders’ yachts?
markets

Global Market Report - 23 March

Australian shares are poised to rise after technology stocks led a rally on Wall Street 
personal-finance

Have you got financial questions? Step away from the spreadsheet

Not all decisions are number-driven. The right answer might involve a bit of introspection.
funds

Are dip buyers losing their nerve? Charts of the week

Investors hesitate about buying into the double digit losses recorded by technology and other growth stocks.
stocks

8 stocks that are high in quality (and cheap in price)

As the market stays in correction territory, high-quality undervalued stocks including Biogen and Salesforce look poised to gain.
markets

Market Index Performance | February 2022

Our monthly update detailing the short- and long-term performance of major indices.
markets

Global Market Report - 22 March

Australian shares are set to jump, sidestepping selling on Wall Street.
markets

Regulators and the big end of town warm to crypto

The federal government says its role is not to shield retail investors from all risk.
stocks

Aussie companies face higher wages bills but profits resilient

A rising wages environment is a risk for company profitability, but this could be offset by price increases, experts say.
fixed-income

ESG in Australian fixed interest - Easy to say, hard to do

Government bonds present tricky questions for fund managers to address when applying ESG principles.
markets

Yields march higher, oil slides: US weekly market update

Chinese ADRs bounce back, NVIDIA and Moderna rise and energy stocks slump.
funds

Listed Investment Companies monthly performance: February 2022

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
retirement

SMSF rule changes are coming in 2022: What to expect

While the upcoming federal budget may bring yet more changes for SMSFs, here are some of those already in the pipeline for 2022.
markets

Global Market Report - 21 March

Australian shares are set to jump at the open following a Friday rally on Wall Street.
markets

Active managers earn their keep; Elon and Ukraine: What we learned this week

Magellan announces buyback as Covid-19 roars back. 
funds

Sustainable investing and the Russian invasion of Ukraine

It's not only about exclusions.
markets

Investing through history - Firstlinks newsletter

Fundies versus funds; MFS on portfolios; Gold in AUD as hedge; Discombobulation; Universal pension; Midterms are Biden referendum; Fed turning point.
personal-finance

Hello, I’d like to make more money: Editor’s Note

"If one does not know to which port one is sailing, no wind is favourable." - Seneca.
investing

Investing Fundamentals for Accumulators

Join us for our weekly webinars, where we help you build an investment portfolio focused on reaching your goals.
investing

Investing Fundamentals for Retirees & Pre-retirees

Join us for our weekly webinars, where we help you build an investment portfolio focused on reaching your goals.
markets

Global Market Report - 18 March

Australian shares are set to rise as Wall Street extends rally.
stocks

Wheat warning: GrainCorp's time in the sun unlikely to last

Possible disruptions to wheat production in the Black Sea are unlikely to impact GrainCorp over the long run.
funds

Fund managers versus funds: fraternal or identical twins?

Investors can invest in the funds of our leading fund managers, or they can invest in the business itself. The success of the fund manager is 'twinned' to the performance of the fund, but what type of twins are they?
markets

Don't get 'whipsawed' by false promises of peace in Europe

Morningstar Investment Management's global CIO Dan Kemp explains why well-intentioned investors desperate for peace in Europe are making dangerous market calls
markets

Fed to investors: Just the beginning for rate hikes

In a mission to fight inflation, Wednesday's rate hike is likely the first of eight this year alone.
markets

Global Market Report - 17 March

Australian shares are set to rally as Wall Street notched record gains.
funds

China stock plunge hits emerging-market funds

Investors in emerging-markets equity funds are getting hit with a one-two punch.
stocks

5 global automotive picks for long-term investors

Morningstar Best Ideas BMW and GM rub shoulders with narrow-moat auto part suppliers.
stocks

Starbucks' stock price serves up a buying opportunity

A shot of Starbucks shares could boost portfolios as rewards program drives growth.
stocks

Chinese wide-moat stocks at a discount

Some of Asia's best companies like Tencent and Alibaba have fallen deep into undervalued territory amid recent share price turmoil.
funds

What's driving Aussie equity market performance today?

Uncertainty, inflation expectations, interest-rate forecasts, geopolitical risks, and the global pandemic are all presenting investment considerations.
retirement

Should you adjust your asset allocation for higher rates?

Amid rising inflation and interest rates and geopolitical tensions, it could be time for investors revsit their portfolios.
markets

Global Market Report - 16 March

Australian shares are set to open higher in line with Wall Street.
markets

Mining fair value upgrades in view amid soaring commodity prices

BHP, Rio Tinto and a slew of smaller miners stand to gain if the supply shock to commodity markets persists.
etfs

Australia's active ETF industry is on fire. Or is it?

Industry growth looks strong, but it's all concentrated in a small group of funds.
stocks

Morningstar Best Ideas List: Kogan to hold own in faceoff with Amazon

Knowledge of the local market, strong branding and a growing subscription service should see the undervalued retailer retain market share in the rapidly growing online sales category, says Roy Van Keulen.
markets

Investing in emerging markets. Is it worth the risk?

With hazards that are bigger and more numerous, these markets highlight the importance of diversification.
markets

What a Fed rate liftoff means for stocks

Historically, US stocks have done well in the months after an initial rate increase.
stocks

These Chinese stocks are at risk of being delisted from US exchanges

Five companies, including Yum China, may delist by 2024 if they are unable to comply with US auditing standards.
markets

Global Market Report - 15 March

Australian shares are poised to fall in line with Wall Street.
personal-finance

Bitcoin in your portfolio? Beware the DeFi danger

There's a lot to think about with this wild card, if you can even call it that.
markets

ETF investors on the sidelines in February as industry growth falls, again: Charts of the week

Well-known growth funds remain popular even as value strategies extend their outperformance.
markets

Global Market Report - 14 March

Australian shares are poised to open higher; Wall Street fell on Friday.
personal-finance

What our mums taught us about money

We've surveyed Morningstar's editors and experts to ask them what their mothers taught them about money, and there are plenty of interesting and powerful lessons.
personal-finance

Diversity bots are a low bar for progress

International Women’s Day wasn’t all doom and gloom, but beyond the warm words lay plenty of very serious questions about what it means to live and work as a woman.
markets

Autocracy is a bad investment

Russia, China highlight the need to consider 'regime risk.'
funds

Is ARK innovation a growth or a value fund?

Cathie Wood says ARKK is a “deep value” fund now. But Morningstar’s data shows it's still a growth fund, just with stocks that are struggling.
markets

Melt your coins; Nickel breaches $100k; Afterpay’s successor stumbles: What we learned this week

Reserve Bank's band on indefinite hiatus as Myer shows department stores have life yet.
markets

Stagflation rerun? Editor’s Note

Russia's invasion of Ukraine is sparking global price increases at a time of already-high inflation. But will worsening inflation and weakening economic growth open the door to stagflation?
markets

Explained: What is stagflation and how to play it

Not seen since the 1970s, a period of high inflation and stagnant growth would leave investors with few places to hide. 
markets

Global Market Report - 11 March

Australian shares are set to fall after selling resumed on Wall Street.
stocks

Amazon announces 20-for-1 stock split

Companies like to play with the price of their stocks sometimes…here’s why and what you should know.
stocks

4 electric vehicle technology IPOs to watch for in 2022

Plus the largest anticipated tech IPOs of the year.
markets

Brazil, Russia, India and China: The BRIC is broken - Firstlinks newsletter

Investment fads and trends look good when they are launched, but can end in disaster.
funds

The women managing top-rated funds in Australia

We highlight female portfolio managers that are managing money in Australia.
markets

Global Market Report - 10 March

Australian shares are poised to rise after US and European shares snapped losing streaks.
stocks

Woodside and Santos soar as investors return to energy stocks

Years of underinvestment in supply point to elevated energy prices ahead.
stocks

February reporting season 2022: What we learned

Profits top expectations as Australian firms warn of uncertainty ahead. 
stocks

Why the outlook for wide-moat stocks is bright

With valuations coming down, wide-moat stocks may be in a better position for a period of rising rates and inflation.
stocks

AGL rejects second lowball bid: Morningstar view

We strongly agree with the board.
markets

Global Market Report - 09 March

Australian shares are poised for a modest gain at the open as Wall Street closed lower.
etfs

'Uninvestable': Global index giants ditch Russian equities

MSCI and FTSE join asset managers in writing off Russia.
stocks

"There's been a big rotation in markets": Value surges as growth stumbles

Higher inflation, rising interest rates and booming commodity markets are driving a major rotation away from the post-pandemic winners, says Tim Murphy, Morningstar director of manager selection.
retirement

4 steps women can take to stave off a retirement shortfall

Use these questions to get started.
personal-finance

Why do women invest less than men? Blame the income gap

As women gain wealth, advisers must prepare to serve them.
stocks

Do investors need alternative investments?

How commodities and other nontraditional investments have affected portfolios.
stocks

Corporate Australia is still a man’s world, but it’s improving: Gender diversity in focus

Whilst Australia has achieved a lot, equality in the corporate context has not yet occurred. However, it is encouraging that it remains a high priority for our biggest companies.
stocks

How MeToo forced companies to see the business risks of sexual misconduct

Change is slow but inevitable.
markets

Global Market Report - 08 March

The ASX is set for a modest gain as a global selloff took the Nasdaq into a bear market.
markets

Australia’s commodity boom shows little sign of fading: Charts of the week

Futures prices for a range of major commodities remain elevated for months ahead.
markets

Global Market Report - 07 March

Australian shares are set to open higher after US stocks slumped on Friday. 
stocks

London stock exchange reshuffle reflects Russia exodus

Two Russian miners caught up in the Russia sell-off are to leave the FTSE 100.
markets

Coal jumps as BHP breaks dividend record: What we learned this week

Western exodus from Russian oil and gas could be costly, Commonwealth Bank forecasts a fall in house prices and super fund fees to drop.
etfs

The world is waking up to 'autocracy risk'

An interview with Perth Tolle, founder, Life & Liberty Indexes.
personal-finance

Investing basics: What is a market correction, and what happens next?

Your market downturn and volatility questions, answered.
funds

We said farewell to arms in ESG, let's not u-turn

Including arms and defence contractors in ESG funds in response to Ukraine could be a grave error and one that risks compromising decades of progress.
markets

Global Market Report - 04 March

Australian shares are poised to fall after a mixed session on Wall Street.
stocks

Afterpay's rivals set for battle with rates and regulators

Regulators are likely to be less lenient now the buy-now-pay-later sector is part of the fabric of Australian payments.
funds

Ukraine war tests emerging market equity managers

Here's what managers of Morningstar Medalist funds are saying about the outlook for Russian stocks.
stocks

Moats on sale: 10 undervalued stocks after strong ASX reporting season

These quality companies are trading at double-digit discounts to fair value.
stocks

UK sanctions net widens on Russian companies

Financial warfare intensifies ahead of MPs' vote on restricting companies from listing and raising money in London. We list the main companies and those on the sanctions list.
personal-finance

The risks lurking in every asset class

A field guide to the key risks for investors in stocks, bonds, and yes, cash.
markets

Ukraine brings our own democratic values into focus - Firstlinks newsletter

+ Death of single-industry funds; Six good stock results; Global property; Top investment theme; Having fun; House of Gucci lessons.
markets

Why economists failed to predict inflation’s return

Habit, selectivity bias, and groupthink.
stocks

War may delay progress on emissions cuts, chill interest in sustainable investing

Even as U.N. panel finds globe is warming fast, oil prices climb.
markets

Global Market Report - 03 March

Australia shares are set to rise in line with the US.
stocks

Australia and New Zealand Best Stock Ideas | March 2022

This month we have 13 companies in our Best Stock Ideas list. Since last month, we have added Kogan and WiseTech Global and removed Cimic Group and Whitehaven Coal.
stocks

Buffett on markets, cash and seizing opportunities

The Oracle of Omaha’s annual letter is full of lessons for investors. 
etfs

ETFInvestor Year in Review 2021

The industry received record net inflows as investors demonstrated a growing appetite for theme-based, active and environmental, social, and governance factor-based ETFs.
markets

Global Market Report - 02 March

Australian shares are poised to fall after stocks and bond yields tumbled on Wall Street.
funds

Which Australian funds have the biggest exposure to Russia?

Russian exposure is not widespread among active managers. Only 13 strategies in our global equities database hold greater than 5% portfolio exposure.
stocks

6 stocks set to benefit from rising commodity prices

Woodside, South32 and Graincorp are among those that could benefit from a spike in oil, grain and aluminium prices as war rages in Ukraine.
stocks

15 cheap growth stocks amid the volatility

Growth stocks are now broadly undervalued and the overall market now looks fairly priced.