Note: This article is part of Morningstar's January 2015 5-Point Retirement Portfolio Checkup special report. Anyone who's ever gotten lost while traveling in an unfamiliar city or foreign country ...

CalPERS’ board and staff began discussions Tuesday for what will be a three-year process to determine how the nation’s largest defined benefit plan allocates its assets. When all is completed in the ...

Typically, moderate allocations are tracked against a 60/40 equity/fixed income benchmark. Ideally, while constructing such allocations, a manager would attempt to outperform by tactically ...

The fund outperformed its custom benchmark during the quarter. The third quarter of 2025 delivered strong returns amid a shift in market narratives, with the artificial intelligence theme front and ...

Much of the heavy lifting of investing centers on choosing the right assets for your portfolio. How those investments perform can influence your short-term decision-making and long-term outcomes.

Note: This article is part of Morningstar’s Guide to Saving for Retirement. An earlier version appeared on Jan. 28, 2015. Anyone who's ever gotten lost while traveling in an unfamiliar city or foreign ...

The fund outperformed its custom benchmark during the fourth quarter. The S&P 500 Index rose 2.66% for a 2025 gain of 17.88% versus the MSCI Emerging Markets Index ((Net)) up 33.57%. U.S. growth ...