Morningstar

Each of these funds has its own way of adding high-octane assets into clients' portfolios.

Executives say the race to zero in fund fees and improvements in data and analytics are among the top issues impacting asset management.

The ETFs that bested the strategy “offer exposure to extremely narrow and volatile segments of the market,” an expert says.

Why? Three other competitors have an astounding 95.8% of market share.

With double-digit annualized returns produced by nearly all of these funds, the ranking illustrates the broader trend toward passive investing.

The hedge fund he founded, Appaloosa Management, has returned 25% a year since inception in 1993.

The top 20 collected nearly $1 trillion in combined assets.

Even momentum, which has made money in eight of the last 10 years, has plunged in 2019.

Nearly all posted losses over the last year.

Experts grappled with the industry's biggest disruptors at the investment information giant's annual conference.