Fall 2019 Strategies Research 38 A New Cold War? 42 Why the CAPM Falls Flat 46 The Evolving Role of Retirement-Plan Advisors 47 A Globalized World 49 Investors Pay Less for Funds Than Ever Before 53 Manager: A True Fixed-Income Anchor Passive: Protection Against Rising Rates Equity: A Graceful Pivot Quant U Retirement Index Insights Investment Research Best Ideas 54 55 Investors Morningstar Conversation 56 Rates, Spreads, and Credits 62 A Perfect Fit 66 69 Building for the Future Sector Snapshot: Basic Materials 70 A Better Place Undiscovered Manager Sector Rap User Profile Data Dashboard 78 Morningstar Global Market Barometer Morningstar Global Valuation Lens Morningstar Global Fund Flows 80 Ten Questions 72 74 4