Janus Advisor Guide: Beware of Correlations, and Other Investment Tips
Janus Funds’ 2017 Wealth Advisor’s Guide identifies the intended and unintended risks of advisors’ asset allocations in their model portfolios.
Morningstar Upgrades 5 Funds, Downgrades 7 and Puts 3 Under Review
The new Morningstar analyst ratings included only one upgrade to Gold.
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.
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.
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%.
Goldman Strategists Decry as ‘Fake News’ a Rotation From Bonds to Stocks
Goldman expects a minimal shift away from debt into equity because of investment restrictions and other factors.
Investors Should Curb Their Enthusiasm, Warns JPMorgan’s David Kelly
Kelly says the U.S. economy is a "healthy tortoise" that could pick up speed but won't turn into a hare.
ProShares, UBS Launch 2 Oil-Linked ETNs: Top Portfolio Products
In other product news, Thornburg launched its first liquid alternative fund.
Bob Doll’s 10 Predictions for 2017
Nuveen’s chief equity strategist expects stocks will outperform bonds but peak in the first half of the year.