Financial News Roundup for the Week of Jan 22, 2017

What We've Been Reading - Week of Jan. 22

Markets & Economy:

• Does Dow 20,000 Matter? Mostly No (Bloomberg)
  
• China clamps down on banks moving currency overseas (Financial Times)
  
• Gundlach sees Trump moves weakening dollar, boosting TIPS demand (Reuters)
  
• Americans are flipping houses like it’s 2006 (Bloomberg)
  

Asset/Wealth Management:

• Morgan Stanley said to seek fees from ETF issuers to carry funds (Bloomberg)
  
• Sustainable and Impact Investing in U.S. Surges by 33%: Report (ThinkAdvisor)
  
• John Bogle on the future for money managers (Business Insider)
  
• Harvard Endowment to outsource most management, cut jobs (Bloomberg)
  
• Active v. Passive: There is no debate (Pensions & Investments)
  
• A message for my young friends (Reformed Broker)
  
  
  

Long Reads:

• Long on Trump (New York Magazine)
  
• Are the Murdoch sons prepared to take over for their father? (FT)
  

Alternatives:

• Hedge funds risk treasuries wipeout as bearish bet soar (Bloomberg)
  
• Hedge fund assets surpass $3 trillion in 2016 (Bloomberg)
  
• Cooley: Why we expect PE to invest more in tech in 2017 (Cooley.com)
  
• Private equity frets as Congress eyes interest deduction (Financial Times)
  

Media Industry and Journalism:

• Ad agencies making secret settlements to avoid client audits (Business Insider)
  
• Expect a media merger bonanza (Los Angeles Times)