Q1 2022 Strategies Research 40 High Active Share, Low Results 45 Where to Invest in 2022, and Beyond Quant U 48 51 52 53 Investors Reading Between the Lines Best Ideas Manager: Real Asset Expertise Passive: Prime Real Estate Equity: Plant-Based Pioneer Morningstar Conversation 54 Overcoming Obstacles Undiscovered Manager 60 A New Chapter Special Report 63 Why Did a Star Manager Take His Boutique Fund Firm Public? Sector Rap 66 70 72 74 78 80 Big Spend User Profile High Impact Data Dashboard Morningstar Global Market Barometer Morningstar Global Valuation Lens Morningstar Global Fund Flows Ten Questions 4