January 26, 2001 (PLANSPONSOR.com) - They were the best of funds and the worst of funds, but they were still held by many 401(k) participants.
January 26, 2001 (PLANSPONSOR.com) - The New York Stock Exchange says it will complete its conversion to decimal pricing for all 3,500 listed securities Monday.
Jan. 25, 2001 (PLANSPONSOR.com) - The NASDAQ stock market has moved a step closer to its planned reorganization and re-capitalization which was overwhelmingly supported by the NASD membership in an April 2000 vote.
Jan. 25, 2001 (PLANSPONSOR.com) - The Nasdaq has completed the sale of two tranches of stock so that it is now 60% owned by some 2,900 investors comprised of its public companies and market maker members.
January 25, 2001 (PLANSPONSOR.com) - Investment in exchange traded funds (ETFs) soared more than 50% during the fourth quarter and now totals nearly $71 billion, as the mutual fund alternative drew more investors.
January 25, 2001 (PLANSPONSOR.com) - The $177 billion California Public Employee Retirement System intends to adopt the FTSE All-World Index, with some minor changes, as its benchmark of choice, according to FTSE, Inc.
January 17, 2001 (PLANSPONSOR.com) - Buying high and selling low caused a 20% shortfall to the average mutual fund investor over the past decade, a Phoenix Investment Partners study shows.
January 16, 2001(PLANSPONSOR.com) - Hedge fund diversification paid off for institutional investors last year, according to the CSFB/Tremont Hedge Fund Index. The index finished the year up 4.8%, and up 2.7% in December in sharp contrast with most equity index returns.
January 15, 2001 (PLANSPONSOR.com) - Plan sponsors might want to begin preparing for a severe case of "statement shock" as the nation's 32 million 401(k) participants begin opening their 401(k) statements.
January 9, 2001 (PLANSPONSOR.com) - According to an anxiously awaited SEC report, there is little difference in the spreads on very large company trades, regardless of if they are executed on the New York Stock Exchange or NASDAQ - though some trades may be executed faster on NASDAQ.
January 9, 2001 (PLANSPONSOR.com) - Hedge funds managed to outperform broader US equity markets for the second year in a row, as measured by the Hennessee Hedge Fund Index that racked up a 7.88% gain net of fees last year.
January 4, 2001 (PLANSPONSOR.com) - Participants in the Hewitt 401(k) Index ended the year on a quiet trading note, but started 2001 with a flurry of activity, with transaction levels about 2.5 times normal on January 3.
January 2, 2001 (PLANSPONSOR.com) - Standard & Poor's has completed the reclassification of its US indices, including the S&P 500, shifting to the Global Industry Classification Standard (GICS), an ordering system developed by S&P and Morgan Stanley Capital International (MSCI).
January 2, 2001 (PLANSPONSOR.com) - Proving the value of portfolio diversification, value funds made a comeback in 2000, according to mutual fund tracker Lipper.
December 28, 2000 (PLANSPONSOR.com) - Just six of the world's top 38 stock market indices posted gains over the past year, according to calculations by Merrill Lynch. China's Shanghai B index led the way, gaining 136.6%.
December 27, 2000 (PLANSPONSOR.com) - Slumping markets drew the nation's combined mutual fund assets down 5.2% in November to $6.826 trillion, as cash inflows shriveled and asset values tumbled.
December 26, 2000 (PLANSPONSOR.com) - Settlement proceeds from the record $1.027 billion NASDAQ Market Makers antitrust litigation are reportedly in the mail - but it could be a little while before affected pension plans see the money.
December 19, 2000 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) says that while the vast majority of brokers are accepting payments in exchange for passing along customer orders in the US options markets, there is little evidence of any impact - good or bad - to investors.
December 15, 2000 (PLANSPONSOR.com) - Hedge fund returns slipped again in November, with the CSFB/Tremont Hedge Fund Index down -1.5% for the month. Still, that was better than most equity indexes.
December 13, 2000 (PLANSPONSOR.com) - Hedge fund investment underwent a dramatic turnaround in the third quarter, with $4.2 billion in net new investment, contrasted with a $4.9 billion outflow in the prior three months.