Despite increased correlations 10 years ago, diversification remains a fundamental and effective strategy, panelists said.
Returns on balanced funds have edged out those of open-ended funds over the past decade, the firm says.
A Morningstar conference panel touted a multipronged approach to generating income from a portfolio.
The cryptocurrency market is still too new to accurately assess its viability as an investment, they said.
It may be too late to stop climate change, but humanity may save itself if investors act now, he said.
Prof. Daniel Kahneman offered ways to filter out the "noise" from the decisions clients make.
Single-factor and multifactor ETFs have different uses, panelists at the Morningstar conference said.
"Trust is everything," Charles Schwab CEO Walt Bettinger said at the Morningstar conference.
Cryptocurrencies, fintech and climate change are among the issues up for discussion at the annual conference.