Participant Transfers Still Muted in May
June 9, 2003 (PLANSPONSOR.com) - Resurgent equity markets drew participant attention in May - but not much, according to the Hewitt 401(k) Index.
Investing
Jobless Rate Up But Payroll Data Improves
June 6, 2003 (PLANSPONSOR.com) - As widely expected by economists, the nation's May unemployment rate jumped to 6.1% - its highest level since the summer of 1994, the...
DoL: Jobless Benefit Applicant Total Jumps by 16,000
June 5, 2003 (PLANSPONSOR.com) - The US employment picture continued to be gloomy last week as the number of Americans filing for initial jobless aid spiked by 16,000,...
Van: Hedge Fund Index Up 3.7% in May
June 5, 2003 (PLANSPONSOR.com) - Preliminary data reveals the Van Global Hedge Fund Index gained 3.7% net of fees in May.
SEI: Pension Spending Hits International Corporate Financials
June 4, 2003 (PLANSPONSOR.com) - The impact of unhealthy pension plans on companies in North America and Europe has rippled into capital spending, caused the elimination of traditional...
S&P: Small Cap Equity Funds Rule in May
June 4, 2003 (PLANSPONSOR.com) - Small-cap growth mutual funds led the parade of equity funds as the stock market began getting its sea legs back in May, according...
S&P Hedge Fund Index Ticks Up in May
June 4, 2003 (PLANSPONSOR.com) - The S&P Hedge Fund Index rose 1.84% in May with a decent showing of the sub-index S&P Directional/Tactical Index, according to the Standard...
Challenger: May Job Cuts Dive to 30-Month Low
June 3, 2003 (PLANSPONSOR.com) - The nation's employment picture looked brighter in May as the number of announced layoffs plummeted 53% to a 30-month low.
BLS Updates Payroll Data Methods
June 3, 2003 (PLANSPONSOR.com) - May's jobless rate figure will come out as scheduled Friday, but the surrounding government data will look a bit different than before.
ICI: Fund Assets Up in April
June 2, 2003 (PLANSPONSOR.com) - Reversing a four-month cash hemorrhaging trend, the combined assets of the nation's mutual funds increased 3.5%, to $6.49 trillion in April.
Americans Still Clinging to Jobless Rolls
May 29, 2003 (PLANSPONSOR.com) - Some 9,000 fewer Americans applied for initial jobless benefits last week, but the number of people already on the unemployment rolls who continue...
April Mass Layoffs Tick Up
May 29, 2003 (PLANSPONSOR.com) - There were 1,576 mass layoffs in April involving 161,095 workers - a slight increase in the number of layoffs over the year before...
Conference Board: Job Ads Kept Dropping In April
May 29, 2003 (PLANSPONSOR.com) - US companies continued cutting back on their help wanted advertising in April as the Conference Board's Help-Wanted Advertising Index declined three points.
ICI: ETFs Continue Asset Gain In April
May 28, 2003 (PLANSPONSOR.com) - Assets in exchange-traded funds (ETF) rose to $110.48 billion in April from $100.83 billion the previous month.
MSCI Hedge Fund Index Up 1.94% in April
May 28, 2003 (PLANSPONSOR.com) - Reversing course from the negative returns seen in March, final numbers reveal the MSCI Hedge Fund Index returned to its winning ways in...
FRC: Funds Net $24.7 Billion Net April Inflow
May 27, 2003 (PLANSPONSOR.com) - Mutual funds continued to pick up assets in April, recording net inflows of $24.7 billion for the month.
Federal Jobless Program Set for Renewal
May 23, 2003 (PLANSPONSOR.com) - Jobless Americans who have had their state benefits run out will apparently now be able to rely on a helping hand from Uncle...
DoL: Midwest Tornadoes Storm Through Job Market
May 22, 2003 (PLANSPONSOR.com) - A series of tornadoes that slammed into the Midwest last week helped drive up first-time unemployment benefits claims, according to a government report.
Fixed Income Arbitrage Leads Q1 2003 Hedge Fund Returns
May 22, 2003 (PLANSPONSOR.com) - Pulling back from their fourth-quarter 2002 behavior, investors poured nearly $7 billion in net assets into hedge funds, according to Tremont's TASS Research.
Cerulli: Fund of Funds Continue Asset Gain
May 21, 2003 (PLANSPONSOR.com) - One out of every seven mutual fund investment dollars is going into fund of funds products.