Vanguard Opens Behavioral Research Center: Top Portfolio Products
In other product news, new funds launched from Westwood Funds, Praxis and Symons.
UBS Hit With Second $18M Ruling Over Puerto Rican Munis
The ruling includes $4 million in punitive damages, while the prior award is being challenged in court.
College Degree Doubles the Odds of Getting a Job
The unemployment rate of recent college graduates is less than half the rate for all young workers, according to the New York Fed.
Trump’s Border Tax Threat May Weaponize the Dollar
Things may even out in the U.S., but emerging markets will suffer.
5 Trends in How Advisors Construct Portfolios
A new Practical Perspectives report explores growing reliance on passive management and other changes.
DOL Fiduciary Rule Could Be Halted ‘Within Days’ of Inauguration
While a bill to delay the rule is pending, there are faster routes, U.S. Chamber of Commerce exec David Hirschmann says.
Gundlach, Ribbing ‘Second-Tier’ Managers, Says 3% Is Rate to Watch
The DoubleLine CEO took an apparent shot at Bill Gross while discussing his yearly outlook, which also predicted a stock selloff around Trump’s inauguration.
Hedge Funds’ 2016 Performance Reverses 2015 Loss
Event-driven funds lead all major strategies with an annual return of 10.2%.
Bill Gross: Forget Dow 20K, Here’s the Number to Watch
In his January outlook, Gross discusses "the key to interest rate levels and perhaps stock price levels in 2017."
FHA to Cut Fees, Lowering Rates for First-Time Home Buyers
The change, which Trump could reverse when he takes office, reduces annual insurance premiums by 0.25%.