April/May 2012
Features
Spotlight: Alternative Investing
Morningstar Conversation 48
Undiscovered Manager 56
Alternatives Within Reach
The greater challenge for advisors is not gaining entry into alternatives but making the right selections.
38
An Economist’s Response to Crises
Nobel-winner Thomas Sargent discusses the economic effects of policy responses to crises in the Europe and the United States.
Undiscovered in Plain Sight
Michael Aronstein’s long-short equity fund has been around since 2007, but it’s only just starting to pick up assets.
How Much Is Enough?
Time to ditch the old 10% allocation rule.
42
The Fear Bubble
A mad rush of assets into short-term fear-index products distorts the VIX market.
45 46
Three Traits of a Successful Long-Short Equity Manager Why Absolute-Return Funds Fail to Deliver
Because of flaws in their strategies, many funds are destined for the dustbin from the get-go.
3
Table of Contents for the Digital Edition of Morningstar Advisor - April/May 2012