Jim Wiandt at IndexUniverse.com has ten resolutions for the indexing industry. We especially like No. 9 on the abuse of the term “asset class.”

IndexUniverse.com also reports on a fee reduction for most iShares international ETFs.

All About Alpha notes some insightful commentary on the value of long-only mutual fund management services.

Lynenka Little in the Wall Street Journal highlights some interesting ‘below the radar’ mutual funds.

Jonathan Burton at Marketwatch.com catches up with money manager Ted Aronson and his all-indexed personal portfolio.

Christine Benz at Morningstar.com announces their fund managers of the year.

FT Alphaville on the growth in emerging market-focused hedge funds.

Craig Karmin in the Wall Street Journal on the maturation of some existing emerging market to developed status and the ‘frontier markets’ that will take their place.

Barry Ritholtz at the Big Picture on yesterday’s big intraday reversal.

Serena Ng in the Wall Street Journal on the fact that the majority of the bond market is now rated as ‘junk.’

Accrued Interest jumps into the 2007 bond market forecasting business.

Jon Markman at MSN Money has a list of eight surprises for 2007.

Random Roger comments on Byron Wein’s ubiquitous annual list of potential surprises.

breakingviews.com on the “many failures” of Bob Nardelli and the fate of Home Depot (HD). (via Wall Street Journal)

Gretchen Morgenson in the New York Times weighs in on the “arrogance” of Bob Nardelli.

Eddy Elfenbein at Crossing Wall Street is not impressed with Morgenson’s effort.

Austan Goolsbee in the New York Times on the lessening economic impact of higher oil prices.

Thanks for checking in with Abnormal Returns. You can always reach us with your questions and/or comments.

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