ETFs Blossom in April Markets
May 25, 2001 (PLANSPONSOR.com) - Total exchange-traded fund (ETF) assets were $73.33 billion at the end of April 2001, up more than 11% from a revised $66 billion...
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Unemployment Insurance Claims Still Rising
May 24, 2001 (PLANSPONSOR.com) - Initial unemployment insurance claim figures were up sharply to 407,000 for the week ending May 19, 116,000 higher than the same period last...
SEC Concerned over Decimalization Impact
May 24, 2001 (PLANSPONSOR.com) - Regulators voiced concern about complaints that decimalization has brought an increase in market specialists undercutting investors and possibly hurting smaller investors.
Hedge Funds Draw Best Quarter Since 1998
May 24, 2001 (PLANSPONSOR.com) - Hedge funds attracted a net $6.9 billion in the first quarter, the largest quarterly inflow since the first quarter of 1998, and nearly...
Investors Added $21 Billion to Stock Mutual Funds in April
May 23, 2001 (PLANSPONSOR.com) - Investors responded to April's stock market rally by pouring $21 billion into equity mutual funds following record outflows of $15.4 billion in March,...
TeamVest Shifts Advice Focus, Name
May 22, 2001 (PLANSPONSOR.com) - Online advice provider TeamVest is refocusing its efforts, teaming up with Pyramid Digital Solutions to provide "re-brandable" online advice and education solutions to...
Managed Account Funds fall 8% in Q1
May 17, 2001 (PLANSPONSOR.com) - Assets held in managed funds at the industry's top firms totaled $267.5 billion at the end of March, down 8% from the previous...
Jobless Claims Down For Second Week Running
May 17, 2001 (PLANSPONSOR.com) - For the second week in a row the number of people lining up to claim unemployment insurance dropped, and to its lowest level...
Retirement Plan Mutual Funds Fell 4% Last Year
May 16, 2001 (PLANSPONSOR.com) - Mutual fund assets held in employer-sponsored retirement plans totaled $1.2 trillion in 2000, a drop of 4% from a year earlier, according to...
CSFB/Tremont Hedge Fund Index Rises 0.7% In April
May 15, 2001 (PLANSPONSOR.com) - Hedge funds underperformed equities in April, with the CSFB/Tremont Hedge Fund Index posting a narrow 0.7% increase.
Average US Hedge Fund Advantage Narrows in April
May 15, 2001 (PLANSPONSOR.com) - The Average US Hedge Fund gained just 2.5% net in April, as US stock markets enjoyed a respite, according to Van Hedge Fund...
VC Fundraising Declines in Q1
May 15, 2001 (PLANSPONSOR.com) - First-quarter commitments to venture capital funds decreased 32% from last quarter, according to a report from Venture Economics and the National Venture Capital...
Fed Cuts Rate by 50 bps
May 15, 2001 (PLANSPONSOR.com) - As anticipated, the Federal Open Market Committee Tuesday cut the Fed Funds rate by 50 basis points in a continuing effort to boost...
The Rising Ranks of Rich
May 14, 2001 (PLANSPONSOR.com) - America continued to assert itself in the ranking of the worlds' wealthiest, no doubt helped along by burgeoning 401(k) investments and stock options,...
BLS Rumored to Lower Job Creation Estimate
May 11, 2001 (PLANSPONSOR.com) - June may mark the first quarter in four years in which the Bureau of Labor Statistics (BLS) cut its estimate for jobs created...
Participants Stick to Their Strategies
May 10, 2001 (PLANSPONSOR.com) - Most 401(k) participants plan to keep to their current investment strategies and almost a third will increase the amount of their contribution, a...
Initial Jobless Claims Fall From Record Highs
May 10, 2001 (PLANSPONSOR.com) - The number of Americans claiming unemployment benefits for the first time plummeted by 41,000 from the record highs of previous weeks.
Hedge Funds Lag Stocks in April
May 9, 2001 (PLANSPONSOR.com) - Hedge funds couldn't keep up with surging stock markets in April, according to the Hennessee Hedge Fund Index.
UITs Total $7.44 Bn in March
May 9, 2001 (PLANSPONSOR.com) - Unit investment trusts totaled $7.44 billion in March, compared to $5.1 recorded in the same period last year, according to figures from the...
Fidelity to Manage 200 Mln Euros for Russell Funds
May 8, 2001 (PLANSPONSOR.com) - Consultant Frank Russell said Tuesday it had appointed Fidelity International to help manage two European equity funds in Russell's multi-manager fund product.