Frank Russell Rolls Out New Small-Cap Indexes

April 13, 2000 ( - 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.

Greenspan Urges Attention to Market Liquidity, Fragmentation

April 13, 2000 ( - 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.

Hedge Funds Continue Gains In First Quarter 2000

April 10, 2000 ( - 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.