More Evidence That Passive Beats Active Among Mutual Funds
The latest S&P Persistence Scorecard shows that few actively managed funds remain at the top of their game three and five years later.
Fed Surprises Financial Markets, Indicating 3 Rate Hikes Next Year
The biggest impact was on the dollar, which soared while stocks rose, then fell, and Treasury yields increased.
Gundlach Sounds Fed Alarm, Warns of Selloff Near Inauguration Day
A 10-year Treasury above 3% is going to hurt, the bond guru says.
Fed Outlook Blurred by Trump’s Fiscal Plans
What to watch for at this week’s Fed policy-making meeting beyond the 0.25% hike that’s expected.
Despite Rising Rates, Not All REITs Are Doomed
Real estate is the worst performing stock sector in the last quarter but that could change.
Deutsche Asset Management Launches High Yield Bond ETF: Top Portfolio Products
In other product news, an ETF focused exclusively on wearable devices debuts.
Trump’s Election Muddles Housing Outlook: Fannie Mae
Sentiment on both buying and selling decreased, but Fannie Mae cautioned against drawing hard short-term conclusions.
Moody’s Turns Negative on Outlook for Global Asset Managers
Business conditions for asset managers are at an "all-time low," says Moody’s Managing Director Marc Pinto.
FINRA Says UBS Must Pay $18.6M to Puerto Rican Couple Over Closed-End Funds
There are more than 1,000 pending claims regarding Puerto Rico closed-end mutual funds sold by UBS, the claimants’ attorney says.
Betterment CEO to Trump: DOL Fiduciary Rule ‘Worth Your Time’
The independent robo-advisory took out full-page ads in the NYT and WSJ asking the president-elect and readers to get behind the rule.