Morningstar Advisor - August/September 2011 - (Page 26)

Morningstar Investment Conference #MIC2011: Tweet Word Cloud rates help wealth munis gold launch managers markets meredith whitney investment tweeting china portfolio larry fink worries fund george evans bill gross social housing asset pimco real better star clients bonds commodities treasuries analyst blackrock etfs qe3 financial products stocks companies best emerging risk grow investors world bruce berkowitz growth john cummings exhibit interest think Key Points From This Year’s Meeting By Morningstar Analysts Gross paints dire picture; Fink sees shift to fiduciary standard. More than 1,700 financial professionals flocked to Chicago in June for the 2011 edition of the Morningstar Investment Conference. The keynote speakers and session panelists offered up a wealth of information for attending advisors. Here are some of the highlights: Social Media Takes Off commentary. The word cloud (at the top of the page) illustrates the relative frequency of keywords that showed up in “tweets” that used the #MIC2011 Twitter hashtag. Gross Preaches Caution flooded equity markets with investor money. He said it’s the latter, predicting that quantitative easing programs will continue to handcuff the government’s ability to address the national debt and will inevitably punish equity investors when interest rates can no longer be lowered. A key factor, he said, is the difference between nominal interest-rate trends and the warning signs in real interest rates. The latter, which account for inflation projections, paint an ominous portrait of current and future There was a robust social media presence at this year’s conference, as attendees, sponsors, and conference organizers took to Twitter to share their insight and provide a running PIMCO cofounder Bill Gross opened the conference by cautioning investors to consider whether equity markets’ success in recent years has been caused by the markets’ fundamental improvement or by the Fed’s relentless lowering of interest rates, which has 26 Morningstar Advisor August/September 2011

Table of Contents for the Digital Edition of Morningstar Advisor - August/September 2011

Morningstar Advisor - August/September 2011
Letter From the Editor
Simplicity and Design Matter
Do You Use ETFs Strategically or Tactically?
The Institutional Way
How to Analyze an ETF
Eyeing ETFs’ Next Chapter
Small-Cap/Large-Cap Flip-Flop?
Four Picks for the Present
Investment Briefs
Morningstar Investment Conference
Pitfalls of Peer Groups
A REIT Recovery, With a Catch
Turning Fund Distribution on Its Head
Here Come ETF Managed Portfolios
Circle These Picks Amid the Crop of New ETFs
ETF Analyst Favorites
Beware, the Accidental Portfolio Manager
It’s the Destination, Not the Vehicle
New Growth, Rooted in Experience
Better Ways to Look at ETFs
How to Better Manage Your Clients’ Future(s)
More Bargain Than Bubble
Cheap, Local, and On a Roll
Mutual Fund Analyst Picks
50 Most Popular ETFs
Undervalued Stocks With Wide Moats
First-Quarter Assets Hit an All-Time High
You Say You Want a Revolution?

Morningstar Advisor - August/September 2011