World Markets Still Shaken and Stirred
July 2, 2001 (PLANSPONSOR.com) - A slew of profit warnings, lukewarm economic data and growth concerns in developed markets weighed heavily on global markets in June.
Investing
UITs Draw $1.13B in May Assets
June 29, 2001 (PLANSPONSOR.com) - Unit investment trusts attracted $1.13 billion in assets in May, a dramatic decrease from the $12.5 billion deposited a year ago, according to...
Stock Funds Pick Up the Pace In May
June 29, 2001 (PLANSPONSOR.com) - Domestic equity mutual funds continued to attract new investments in May, up nearly 14% from April's pace, according to the Investment Company Institute...
MSCI, S&P Launch Security Classification Product
June 29, 2001 (PLANSPONSOR.com) - MSCI and Standard & Poor's plan to introduce GICS Direct, a jointly developed and marketed product that will provide the investment community with...
Jobless Claims Fall Again
June 28, 2001 (PLANSPONSOR.com) - New jobless claims fell for the third week in a row last week, sending signals that the pace of corporate layoffs may be...
Depositary Receipt Trading Rises in 2001
June 28, 2001 (PLANSPONSOR.com) - Trading in depositary receipts is up 21% from a year ago, suggesting strong investor interest in international market investing, according to the Bank...
Fed Cuts Rates by 25 Basis Points
June 27, 2001 (PLANSPONSOR.com) - As widely expected, the Federal Reserve has cut short-term US interest rates a quarter percentage point to try to spark the nation's economy.
ETFs Slip A Bit in May
June 25, 2001 (PLANSPONSOR.com) - The combined assets of the nation's exchange-traded funds (ETFs) dropped slightly in May to $72.77 billion, down up from April's total of $73.30...
Participants Continue Pull Back from Company Stock in May
June 25, 2001 (PLANSPONSOR.com) - Participants regained some of their fondness for equity investments in May, and for the second month in a row nearly half of the...
Techs Topple From Russell Reconstitution
June 25, 2001 (PLANSPONSOR.com) - Frank Russell Company has published the latest additions and deletions to its stock indexes, and technology stocks have taken a real drubbing in...
FTSE Details Socially Responsible Index Criteria
June 22, 2001 (PLANSPONSOR.com) - Equity Index provider FTSE will announce the companies included in their new socially responsible FTSE4Good index series on July 10.
UIT Deposits Off Sharply From Year Ago
June 21, 2001 (PLANSPONSOR.com) - Unit investment trusts, investment companies that purchase fixed portfolios of selected stocks or bonds, increased their deposits through offerings in April of $1.11...
Initial Job Claims Slip, But Stop Short of Key Mark
June 21, 2001 (PLANSPONSOR.com) - The number of people claiming unemployment insurance benefits for the first time dropped a bit more than expected last week, but stayed above...
Dow Jones Ups Emerging Coverage
June 20, 2001 (PLANSPONSOR.com) - Dow Jones Indexes is increasing coverage of emerging stock markets in the Dow Jones World Index to 95% of market capitalization from 80%.
Hedge Funds Outperform Equities in May
June 15, 2001 (PLANSPONSOR.com) - The average US hedge fund increased by 1.5% in May while the average offshore hedge fund gained 1.2%, according to Van Hedge Fund...
Tremont Hedge Fund Index Edges up 0.8% in May
June 15, 2001 (PLANSPONSOR.com) - The CSFB/Tremont Hedge Fund Index was up 0.8% for May 2001, up from 0.7% in April, with emerging markets and global macro investing...
S&P 500 Looks To Be Recession-resilient: Study
June 14, 2001 (PLANSPONSOR.com) - Results of a recent study fly in the face of the widespread view that that an economic downturn is a dangerous time to...
Initial Unemployment Insurance Claims Fall by 12,000
June 14, 2001 (PLANSPONSOR.com) - The number of Americans lining up for unemployment insurance for the first time fell to 428,000 in the week ending June 9, according...
NASDAQ Reports Smooth Sailing with Decimal Switch
June 13, 2001 (PLANSPONSOR.com) - The NASDAQ filed its final report on decimalization with the SEC yesterday, claiming that liquidity for large institutional investors has not been hurt,...
Mutual Fund Factbook Now Online
June 12, 2001 (PLANSPONSOR.com) - The Investment Company Institute has just published a new factbook on mutual funds as part of its investor awareness program.