October 25, 2000 (PLANSPONSOR.com) - Buoyed by strong markets, retirement assets of state and local government employees hit a record high of $1.9 trillion in 1999, up more than 11% from the year before, according to the Census Bureau.
October 20, 2000 (PLANSPONSOR.com) - Once again, September was a rough month for the markets, but the CSFB/Tremont Hedge Fund Index was down just 0.4% for the month. Year-to-date the index is up 4.9%.
October 17, 2000 (PLANSPONSOR.com) - Global private equity and venture capital investment rose at a 65% pace last year, to $136 billion, and looks to be on track to beat that in 2000, according to a new study.
October 16, 2000 (PLANSPONSOR.com) - Plan participants rode out volatile market swings in September, but appeared to do a bit of portfolio shifting at quarter end, according to the Hewitt 401(k) index.
October 10, 2000 (PLANSPONSOR.com) - Over $17 billion has flowed into exchange-traded funds (ETFs) in the first half of this year, and now total $57.5 billion, according to a new study by mutual fund researcher Strategic Insight. The study found that $5.6 billion poured in during the third quarter, largely due to new offerings from Barclays Global Investors and Merrill Lynch.
October 3, 2000 (PLANSPONSOR.com) - Value funds continued their winning ways in the third quarter, outperforming growth funds, according to preliminary figures from mutual fund performance tracker Lipper.
September 29, 2000 (PLANSPONSOR.com) - America's mutual funds increased by 5.7% to $7.49 trillion in August, as cash continued to flow from bond and hybrid funds and into equities. Equity fund flows were up 35% from July's pace.
September 27, 2000 (PLANSPONSOR.com) - Orbis Investment Management topped Nelson Information's quarterly ranking of the top institutional money managers. Caldwell & Orkin and Fidelity topped the US equity and sector-fund categories, respectively.
September 18, 2000 (PLANSPONSOR.com) - Last year's 401(k) fund chart toppers have turned into bottom-feeders, according to new fund data.
September 15, 2000 (PLANSPONSOR.com) - Rebounding markets lifted the CSFB/Tremont Hedge Fund Index 3.4% in August, as gains in long/short equity funds were limited by the impact to short sale portfolios.
September 12, 2000 (PLANSPONSOR.com) - Seven of the world's leading investment banks are teaming up to launch TheMarkets.com, a financial information Web site for large institutional clients, including mutual funds.
September 7, 2000 (PLANSPONSOR.com) - Hedge fund assets under management have quadrupled to $205 billion during the past six years, according to a study by TASS Investment Research.
September 5, 2000 (PLANSPONSOR.com) - US equity funds were red-hot in August, with the average US diversified equity fund rising 8.34%, now up 10.31% for the year according to Lipper.
August 30, 2000 (PLANSPONSOR.com) - Vanguard reclaimed its standing as the No.1 selling US mutual fund group in July, a position it hasn't held since last September, according to Financial Research Corp.
August 13, 2000 (PLANSPONSOR.com) - Participants rode out another rough month in the markets in July, with just six days of "above normal" transfer activity compared with 13 in June according to the Hewitt 401(k) Index.
July 13, 2000 (PLANSPONSOR.com) - FTSE and Frank Russell Thursday announced a cooperative effort to align their various indexes, a move that will enhance the global profile of both companies and provide plan sponsors with more homogenous worldwide benchmarks.
July 3, 2000 (PLANSPONSOR.com) - Second quarter fund statements may raise a few concerns, as last year's killer categories took it on the chin in the second quarter. Telecommunications and science/technology funds in particular fell hard from last year's lofty levels, while biotechnology provided some new life.
June 26, 2000 (PLANSPONSOR.com) - Plan sponsors - and participants - might want to start resetting their expectations for market returns, based on the findings of a new KPMG poll of top economists and strategists. The poll of leading economists anticipates continued market volatility and a decline in US stock market returns from the rosy returns booked in the past five years.
May 26, 2000 (PLANSPONSOR.com) - Plan sponsors could soon see some performance shifts following the introduction of a new sector classification system. Standard & Poor's will spend the next four to five weeks validating a new calculation for the S&P indices using the Global Industry Classification Standard that the company launched with MSCI last August.
May 25, 2000 (PLANSPONSOR.com) - Corporate defined contribution plans continued their steady growth in 1999, reaching $2.4 trillion in assets, according to the Spectrem Group.