June 27, 2003 (PLANSPONSOR.com) - The percentage of new bond funds among all mutual funds issued in 2003 rocketed up to 32% from just 15% in 2000, as fund companies continue to chase the hottest sectors in the market in hopes of catching investor dollars.
June 26, 2003 (PLANSPONSOR.com) - The number of Americans joining the queue for initial unemployment benefits plunged for the second week in a row - but the total still signals a sluggish job market.
June 26, 2003 (PLANSPONSOR.com) - US employers underwent 1,699 mass layoffs in May 2003 involving 173,784 people, according to new data from the US Department of Labor's Bureau of Labors Statistics (BLS).
June 26, 2003 (PLANSPONSOR.com) - Domestic equity mutual funds matched a strong performance with a $12.6 billion inflow of funds in May, according to the Investment Company Institute (ICI).
June 25, 2003 (PLANSPONSOR.com) - Admitting that the US economy "has yet to exhibit sustainable growth," the US Federal Reserve Wednesday slashed the trend-setting federal funds rate by 0.25% to its lowest level in 45 years.
June 19, 2003 (PLANSPONSOR.com) - Inflows to equity and balanced funds exceeded $20 billion in May, the second month in a row of strong stock market demand.
June 19, 2003 (PLANSPONSOR.com) - Fewer people are being forced to join the queue for those needing first-time jobless benefits, but the number of initial unemployment claims has stubbornly stayed above a recessionary benchmark for more than four months.
June 18, 2003 (PLANSPONSOR.com) - Stock mutual funds continued to draw investor attention in May, but at just half the rabid pace in April.
June 17, 2003 (PLANSPONSOR.com) - Defined contribution plan investments saw positive returns in the first quarter of 2003, en route to besting their broader market yardsticks.
June 17, 2003 (PLANSPONSOR.com) - The funding levels of global benchmark pension plans showed declines ranging from 2% to 10% in the first quarter of 2003.
June 16, 2003 (PLANSPONSOR.com) - Frank Russell Company has posted its preliminary lists of companies that will join or leave the broad-market Russell 3000 Index when the firm reconstitutes its family of 21 unmanaged US equity indexes this month.
June 16, 2003 (PLANSPONSOR.com) - The CSFB/Tremont Hedge Fund Index returned 2.71% in May, its largest monthly gain in over two years.
June 12, 2003 (PLANSPONSOR.com) - The light at the end of the tunnel when it comes to the ailing US job market continued to get brighter as the number of unemployed workers applying for first-time jobless benefits dropped.
June 11, 2003 (PLANSPONSOR.com) - Investors in equity funds with high expense ratios may not be getting their money's worth, according to a new study.
June 10, 2003 (PLANSPONSOR.com) - The Hennessee Hedge Fund Index produced a 4.03% return 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.
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 government announced.
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, the government said.
June 5, 2003 (PLANSPONSOR.com) - Preliminary data reveals the Van Global Hedge Fund Index gained 3.7% net of fees in May.
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 retirement plans, and even prompted a shift in business strategy.