Job Market Slumbers On; Unemployment Claims Skyrocket
April 17, 2003 (PLANSPONSOR.com) - The already bleak US job picture took another turn for the worse last week as first time jobless claims skyrocketed by 30,000 from...
Investing
ICI: Equity UITs Shine in March
April 16, 2003 (PLANSPONSOR.com) - Unit investment trusts (UIT) enjoyed a bang-up March with a 20% growth in total deposits to $784.8 million from February's $651.4 million
CPI: Medical Care Costs Rise 0.2% in March
April 16, 2003 (PLANSPONSOR.com) - Medical care costs continue to climb, inching 0.2% higher in March.
S&P: Sector Funds Drop 1.7% in First Quarter
April 16, 2003 (PLANSPONSOR.com) - Sector mutual funds on average finished down 1.7% in the first quarter of 2003, despite gains in real estate and biotech funds.
Fourth Quarter Worldwide Mutual Fund Assets Up 5.2%
April 15, 2003 (PLANSPONSOR.com) - Worldwide mutual fund assets rose 5.2% in the fourth quarter to $11.2 trillion.
CSFB/Tremont Hedge Fund Index Higher in March
April 15, 2003 (PLANSPONSOR.com) - The CSFB/Tremont Hedge Fund Index rose 0.26% in March, coming in slightly below February's 0.68% return.
MSCI Hedge Fund Index Slides 0.4% in March
April 14, 2003 (PLANSPONSOR.com) - After experiencing three months of positive returns, preliminary data shows the MSCI Hedge Fund Indices slid into the red by 0.4% in March.
S&P 500 ETF Assets Deteriorate 17% in 2002
April 14, 2003 (PLANSPONSOR.com) - Assets in Exchange Traded Funds (ETF) based on the S&P 500 decreased 17% in 2002.
Transfers Head For Cover Amidst War News
April 11, 2003 (PLANSPONSOR.com) - While the pace of participant transfer activity continued to be relatively normal during March, volumes picked up just before - and just after...
Jobless Claims Drop; Above 400,000 for Eight Weeks
April 10, 2003 (PLANSPONSOR.com) - The US labor market continued its see-saw pattern last week as initial jobless benefits claims dropped by 38,000.
Manufacturing Sector Leads Early 2003 Mass Layoffs
April 9, 2003 (PLANSPONSOR.com) - Employers initiated 3,597 mass layoffs in January-February 2003 covering 340,474 workers.
Hedge Funds Up Slightly in March
April 8, 2003 (PLANSPONSOR.com) - The Hennessee Hedge Fund Index produced a return of 0.62% in March.
S&P: Active Equity Funds Ruled in First Quarter 2003
April 8, 2003 (PLANSPONSOR.com) - Actively managed equity mutual funds beat their corresponding Standard & Poor's indices during the first quarter of 2003, but lagged the indices over...
RiskMetrics Releases First Quarter 2003 Fund Kudos and Raspberries
April 8, 2003 (PLANSPONSOR.com) - RiskMetrics Group has unveiled its latest quarterly list of kudos and raspberries for the "Best and Worst" evaluations of US and UK equity...
Telecom Job Reduction Plummet Means High Tech Employment Improvement
April 8, 2003 (PLANSPONSOR.com) - A drop in planned telecommunications job cuts lead to a 45%-decrease in overall high-tech position reductions.
Van Global Hedge Fund Up In March
April 7, 2003 (PLANSPONSOR.com) - The Van Global Hedge Fund Index advanced 0.5% net of fees in March according to a preliminary data.
Bonds Funds Up, Equities Down in Q1
April 7, 2003 (PLANSPONSOR.com) - Portfolios in high quality municipal bonds, high quality corporate bonds and high-yield bonds continued their winning ways in the first quarter of 2003,...
Unemployment Rate Steady But Payrolls Still Shrinking
April 4, 2003 (PLANSPONSOR.com) - The struggling US job market shed a much higher than expected 108,000 nonfarm jobs in March in a continuing sign that the economy...
War Buffets Markets, But Participants Remain Calm
April 3, 2003 (PLANSPONSOR.com) - Major US stock markets have been buffeted by sentiments about the progress of the war with Iraq, but participants appear to be taking...
Jobless Claims Spike Higher to 445,000
April 3, 2003 (PLANSPONSOR.com) - Reversing a three week downward trend, the number of new US jobless jumped to 445,000, representing its highest level in almost a year.