Investing

State, Local Retirement Assets Hit Record

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.

Short Sellers Strong in September

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%.

Private Equity Investment On Record Pace

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.

Exchange Traded Funds Pull in $5.6 Billion in Q3

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.

Value Funds Continue Surge in Q3

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.

Funds Flow to Equities, From Bonds & Hybrids in August

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.

Orbis is Nelson's Best For Q2

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.

Strong August Markets Help, Hurt Hedge Funds

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.

Mutual Fund Assets Slip, Vanguard Rises

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.

FTSE and Russell Seal Strategic Global Index Alliance

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.

WHAT GOES UP – Q2 a Reversal of Fortune for Many Funds

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.

Crystal Ball – Economists Foresee More Volatility, Lower Returns

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.

Launch Approaches for New S&P Index Classifications

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.