An Ex-Adviser Is Going To Prison For Dumping All Of His Worst Trades On His Clients

An Ex-Adviser Is Going To Prison For Saving All The Best Stock Deals For Himself (Financial Adviser Magazine)

The former investment adviser Noah L. Myers is going to prison for 40 months after pleading guilty to engaging in fraudulent trade allocations.

"Myers executed his cherry-picking scheme by purchasing securities in the morning and then, at the end of the day or the next day, allocating trades that had appreciated in value to his person and business accounts and allocating trades that had depreciated in value to the accounts of his clients," reports FA Magazine.

The Top 5 Global Issues To Watch This Year (Charles Schwab)

The five major issues that investors should watch in 2015 are the following: declining oil prices, the European Central Bank's quantitative easing, China's property market, the UK general election, and India's role in global growth.

"Recall that two major factors affecting markets in 2014 were not foreseen at the beginning of the year by most investors: a decline in the 10-year Treasury yield and a slump in oil prices," writes Michelle Gibley. "While we can postulate about the major issues to watch, there is the potential for both positive and negative surprises in 2015."

India Is The Only Exciting Emerging Market (Advisor Perspectives)

"The emerging markets are a concern and our earnings outlook for three of the four BRICs is negative. India is the only bright spot in our view: it has an exciting investment story, with exceptional demographics and a vibrant private sector," writes Alex Tedder.

India's economy and stocks did incredibly well in 2014, and Tedder believes that they "have further to go."

"The new government's policy initiatives are encouraging and should benefit domestically-oriented companies, particularly those with exposure to fixed capital formation and financial services. The Indian consumer should also receive a welcome boost from lower energy prices and reduced inflationary pressure," he writes.

UBS Took A BlackRock Fund Off Of Its List Of Preferred Funds (Reuters)

According to a memo obtained by Reuters, UBS AG's brokerage group dropped BlackRock's Equity Dividend Fund from its Mutual Fund Select list due to concerns about the Equity Dividend Fund's underperformance, increasing size and potential style drift, reports Jessica Toonkel.

"Performance relative to peers and to benchmarks has disappointed over a multiyear period, following the strategy's very strong run in 2007-2008," UBS stated in the memo.

The fund has performed in the bottom half of its peers for the last one, three, and five years, according to data from Morningstar.

A Former Family Office Exec Just Joined Barclays As A Regional Manager (Financial Planning)

Gary S. Domoracki will head Barclays' Boston office and reporter to the head of the eastern region. He has been in wealth management services for 17 years, and was most recently the CEO at Source Capital Group in Westport, Connecticut where he focused on family office investments, reports Andrew Shilling.