Of the nearly 3,000 active funds Morningstar analyzed, only 47% survived and outperformed their average passive counterpart in the 12 months through June 2021.
Coca-Cola announced it has bought full control of sports drink maker Bodyarmor for $5.6 billion, making it the company's largest brand acquisition to date.
The U.K. is hosting U.N.-brokered climate talks in Glasgow, Scotland in what has been described as humanity's last and best chance to secure a livable future.
The leaders said there would need to be "meaningful and effective actions" to mitigate climate change but Greenpeace and others criticized the summit as "weak."
Shares in Asia-Pacific were mixed in Monday trade as investors reacted to data releases showing a mixed picture of Chinese manufacturing activity in October.