Gross Warns That Trump Rally Built on False Promise of Growth
The Janus bond fund manager recommends that investors move to cash and bonds whose durations are below investors' benchmarks.
Among Mutual Funds, It’s Still a Man’s World
Morningstar reports that the percentage of mutual funds managed by women has not changed since the financial crisis of 2008.
Seraphim Capital Adds Pioneering Space Tech Fund: Top Portfolio Products
In other product news, FlexShares added an actively managed bond ETF.
Decay and Investing: When Time Keeps On Slippin’ Into the Future
A good understanding of the concept of “decay” is instrumental in managing certain investments (with apologies to Steve Miller and a nod to “Trading Places”).
Top 10 Firms Fee-Based Advisors Are Most Loyal To: Cogent Reports
Mutual fund firms with strongest advisor loyalty are “much less likely to be dropped.”
Muni Bonds Face Hit From Trump Tax Plan, Unfunded Liabilities
Trump’s plans to reduce tax rates coupled with growing unfunded pension liabilities spell potential problems for the muni market.
Fidelity Says Abigail Johnson to Succeed Father as Chairman
Abigail Johnson will also remain CEO of Fidelity -- a title she's held since 2014.
Janus Launches Firm’s First Actively Managed ETF: Top Portfolio Products
Also, SSGA announces changes to indexes of two SPDR ETFs.
3 Critical Areas Regulators Are Watching
There are three key issues that advisors are ignoring at their regulatory or financial peril.
Stock-Picking Pros Beat the Indexers
New research shows that when there are chances to beat the market, money managers tend to see them and take them. But there's more.