Morningstar Upgrades 5 Funds, Downgrades 7 and Puts 3 Under Review
The new Morningstar analyst ratings included only one upgrade to Gold.
16 Best Fund Managers of 2016: Morningstar
The list includes big firms (like Vanguard) and some smaller names (such as Parnassus) in four categories.
Vanguard Opens Behavioral Research Center: Top Portfolio Products
In other product news, new funds launched from Westwood Funds, Praxis and Symons.
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.
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.
Out With the Old, In With the Young: Vanguard Launches 2065 Fund
Today’s 18-year-olds starting at their first job with their first 401(k) have a new retirement option.
Solar Power Poised to Become Lowest Cost Energy Option Almost Everywhere
Solar power now cheaper than coal in many markets, a distinction will spread to most countries within the decade, says Bloomberg New Energy Finance.
SEC Issues DOL Fiduciary Rule Guidance for Mutual Funds
The guidance helps funds streamline the process of offering certain fee structures designed to achieve level compensation.