Money Market Funds Drop $38B in August
September 27, 2002 (PLANSPONSOR.com) - Money market mutual funds were the big losers in August with $38.3-billion outflow over the month-- a dramatic reversal from July's $54.5 billion...
Investing
Jobless Claims Dip; Still Above 400,000
September 26, 2002 (PLANSPONSOR.com) - New claims for US jobless benefits fell for the second straight week, but still stubbornly remained above the much-watched 400,000 mark, the US...
Mass Layoff Figures Continue Tumbling
September 25, 2002 (PLANSPONSOR.com) - Mass layoffs continued to cool in August, dropping in number by 38.9% from July and by 47.8% in terms of workers involved.
Fed Steady – But Not Unanimous
September 24, 2002 (PLANSPONSOR.com) - As expected, the Federal Reserve left short-term interest rates unchanged, although the vote was not unanimous.
Junk Bonds Living Up to Their Name
September 24, 2002 (PLANSPONSOR.com) - Moody's Investors Service said junk bond defaults set a record in 2002 with the default rate even worse than earlier predicted.
Equity Outflows Slow, But Still Flow
September 23, 2002 (PLANSPONSOR.com) - Investors still yanked money out of stock mutual funds in August, but at a comparative trickle compared to the raging $49 billion outflow...
Sector Allocations Boost Long-Term Results: Ibbotson
September 20, 2002 (PLANSPONSOR.com) - Sector funds can prove to be strong portfolio performers, a new study shows.
Jobless Claims Fall, But Less Than Expected
September 19, 2002 (PLANSPONSOR.com) - The amount of first-time jobless claims headed south last week, but was still stubbornly and unexpectedly high, the US Department of Labor (DoL)...
Private Sector Pay Up From March
September 18, 2002 (PLANSPONSOR.com) - Private industry employers in June 2002 paid an average of $21.83 per hour, a $0.12 increase from March, according to the latest data...
ETF Assets Heat Up in August
September 18, 2002 (PLANSPONSOR.com) - Total assets of exchange-traded funds (ETFs) took a healthy leap in August to $91.28 billion, up from July's $78.59 billion, according to data...
S&P Publishes the Whats, Whys of its Hedge Fund Index
September 17, 2002 (PLANSPONSOR.com) - Standard and Poor's has unveiled the methodology, structure, and components of its new hedge fund index.
UIT's Hit Summer Slump
September 17, 2002 (PLANSPONSOR.com) - Unit Investment Trusts' deposits during August slumped to $705.7 million from July's strong showing of $1.3 billion.
FTSE Adjusts SRI Index
September 16, 2002 (PLANSPONSOR.com) - The FTSE4Good Advisory Committee has adjusted the components of its socially responsive index.
Hedge Funds Bounce Back in August
September 16, 2002 (PLANSPONSOR.com) - The CSFB/Tremont Hedge Fund Index ticked up in August after two straight losing months.
Hedge Funds Bounce Back in August
September 16, 2002 (PLANSPONSOR.com) - The CSFB/Tremont Hedge Fund Index ticked up in August after two straight losing months.
Junk Defaults Down in August
September 13, 2002 (PLANSPONSOR.com) - The US junk bond default rate dipped to 9.11% in August from a revised 9.39% in July, Standard & Poor's said, in a...
Surprise Jump for Jobless Claims
September 12, 2002 (PLANSPONSOR.com) - A week after posting a drop in unemployment claims, the jobless figure unexpectedly soared to the highest level since April.
"Pension Crisis" Looms for Some: Fitch
September 12, 2002 (PLANSPONSOR.com) - Underfunded pensions and anemic investment returns can drain a company's capital that might be more productively invested elsewhere.
FTSE Adjusts FTSE 100 Benchmark
September 11, 2002 (PLANSPONSOR.com) - The FTSE Group has dropped three companies from its blue chip FTSE 100 Index, the index company announced.