Morningstar Gives Gundlach’s Flagship DoubleLine Fund a ‘Neutral’ Rating
Analysts say the fund is led by “a talented manager, but we still have questions about the fund’s process and firm stewardship.”
Passive Funds Trounce Active Rivals in May: Morningstar
Meanwhile, PIMCO has a bit of good news as investors move into fixed income products.
Morningstar Buys Bond Analytics Group; Raymond James Grabs Euro M&A Firm
The research firm adds a fixed income tech partner, while the broker-dealer brings on an investment firm in Germany.
American Funds Tops Fidelity as No. 2 Mutual Fund Family
Morningstar says that, as of April, there is a change in the second-largest fund group.
PIMCO Says Bill Gross Was Told if He Quit He'd Lose $200M Bonus
Firm responds in suit saying CEO and counsel warned co-founder; Gross left a handwritten message "in the middle of the night."
GMO’s Inker: Give High Yield a Little Credit
High-yield bonds have a lot going for them, says Ben Inker, GMO's co-head of asset allocation, but there are several reasons to proceed with caution.
Bob Doll’s 10 Predictions for 2016
The Nuveen equity strategist shares his views on equities, bonds and even who will win the White House.
Morgan Stanley to Cut 1,200 Jobs, Take $150 Million Charge
Reductions amount to about 25% of fixed-income and commodities group worldwide.
Maybe Banks Manipulated Treasury Bonds, Too
It seems quite plausible that the next round of big banks-rigging-things cases will be about rigging the Treasury auction market.
Top Portfolio Products: TCW, Global X Roll Out Alt Funds
America Independence adds large-cap product, HSBC introduces fixed-income funds, and Van Eck launches a new ETF.