Browsing NHH Brage by Author "Herbas, Diego Gerardo Molina"

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Should Investors Trust Morningstar Ratings? An empirical study on Morningstar ratings ability to predict future performance using evidence from mutual funds in the U.S.

Herbas, Diego Gerardo Molina; Setsaas, Anna Oline Bruun (Master thesis, 2023)

This thesis studies the ability Morningstar ratings have to predict future performance, particularly if funds that are top rated tend to outperform the worst rated funds. Our study is focused on the U.S large-cap mutual ...