Investing

Investing |

Initial Claims Dip, Continuing Claims Jump

November 1, 2001 (PLANSPONSOR.com) - The number of Americans lining up for initial unemployment benefits shrank by 2% in the week ending October 27. However, continuing claims rose...
Investing |

30-Year T Bond Marked for Extinction

October 31, 2001(PLANSPONSOR.com) - The Treasury has announced plans to eliminate the 30-year Treasury bond, citing its loss of benchmark status and decline in demand -a decline that...
Investing |

European Exchange Consolidation To Continue

October 30, 2001(PLANSPONSOR.com) - Technological advances and the globalization of capital markets will force European stock exchanges to consolidate, resulting in a single pan-European clearing-house by 2006, according...
Investing |

Boots Walks Away From UK Equities

October 29, 2001 (PLANSPONSOR.com) - Over the past 18 months, UK retailer Boots PLC has shifted its entire £2.3 billion ($3.31 billion) defined benefit portfolio away from equities...
Investing |

Funds Flee Mutual Funds in September

October 29, 2001 (PLANSPONSOR.com) - Financial Research Corp. reports that 17 of the 25 largest mutual fund companies saw net withdrawals from their stock and bond funds in...
Investing |

Consultant Releases Plan Sponsor SRI Guide

October 29, 2001 (PLANSPONSOR.com) - SRI World Group, a financial consulting firm, has published a guide on socially responsible investment strategies for institutional investors.
Investing |

Barclays Introduces ETFs

October 26, 2001 (PLANSPONSOR.com) - Barclays Global Investors has announced that three international regional iShares exchange funds (ETFs) have begun trading on the American Stock Exchange.
Investing |

Sept. Mass Layoffs Rise 41% on Year

October 26, 2001 (PLANSPONSOR.com) - Some 1,316 mass layoff events, involving 50 or more employees, occurred in September, according to the Bureau of Labor Statistics.
Investing |

Unemployment Lines Longest in 18 Years

October 25, 2001(PLANSPONSOR.com) - The number of Americans remaining on the unemployment rolls in the week ending October 13, the latest week for which data is available, surged...
Investing |

ETF Assets Fall in September

October 22, 2001 (PLANSPONSOR.com) - Assets invested in exchange traded funds (ETF) totaled $64.35 billion at the close of September, down dramatically from $72.08 billion a month earlier,...
Investing |

Institutions Join Record Equity Fund Exodus

October 19, 2001 (PLANSPONSOR.com) - Investors pulled a record $32 billion from stock mutual funds in September, according to preliminary data from fund tracker Lipper. More than $6...
Investing |

Magellan Assets Down 23% in 2001

October 17, 2001 (PLANSPONSOR.com) - The assets in Fidelity's Magellan fund have declined 23% since the beginning of the year and total $71.6 billion as of September 30.