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.
May 10, 2000 (PLANSPONSOR.com) - Participants continue to ride out the market's swings, according to the Hewitt 401(k) Index, which tracks daily investment activity of 1.5 million employees at 40 of America's largest defined contribution plans. The index reveals only a normal amount of transfer activity in the four months of this year, even during April's peak volatility.
May 1, 2000 (PLANSPONSOR.com) - Plan sponsors now have a benchmark for social investing fund performance, the Calvert Group's Calvert Social Index, a broad-based benchmark of large, U.S.-based "socially responsible" companies.
April 13, 2000 (PLANSPONSOR.com) - Frank Russell Company introduced three new equity indexes this week. The Tacoma, WA, investment management and advisory firm, said in a statement these new indexes target a broadly-defined small cap universe.
April 13, 2000 (PLANSPONSOR.com) - Central banker Alan Greenspan Thursday suggested policymakers allow the proliferating financial exchanges to centralize, because "in times of stress, liquidity simply may not be there or it may not be there in depth." But he expressed doubts about the wisdom and technical feasibility of forced centralization.
April 10, 2000 (PLANSPONSOR.com) - Hedge funds on average outperformed the S&P 500 in the last quarter, booking gains for the sixth consecutive quarter, according to preliminary estimates by Van Hedge Fund Advisors.
April 10, 2000 (PLANSPONSOR.com) - Six leading banks plan to set up a joint venture to create an online trading network for interest rate derivatives.