After a Rough August, Could September Be Worse? >
September 01, 2010 -- As rough a month as August was for the markets – and this one was the worst since 2001 - September has a tendency to be even rougher.
Caterpillar Makes DB to DC Move >
August 26, 2010 -- Caterpillar Inc. said management, support and other nonunion employees in the U.S. will switch from a defined benefit pension plan to a 401(k) plan beginning in 2011.
International/Global Bonds Seen as Hot Growth Sector >
August 25, 2010 -- With the renewed emphasis on investment risk management and portfolio diversification driven by the down economy, Cerulli Associates predicts international/global fixed income will be the next big product growth area.
Participant Transfers in July Remain Fixed Income Oriented >
August 16, 2010 -- Despite the market rally, the direction of the total transfers in July remained fixed income-oriented, according to the results of the Hewitt 401(k) Index.
Milwaukee Company Pays Back Reduced Wages and Match >
August 13, 2010 -- In announcing financial results for its fourth quarter and fiscal year ended June 27, 2010, Briggs & Stratton Corporation said it has paid back wages and 401(k) match previously reduced.
Q210 TUCS Drops 4.7% >
August 13, 2010 -- Master Trusts reversed course during the second quarter, falling 4.74% and resulting in a one-year return of 12.53% according to the Wilshire Trust Universe Comparison Service (TUCS).
ETF Flows Totaled $7.5B in July >
August 12, 2010 -- July saw investors put $7.5 billion into U.S. Exchange-Traded Funds (ETFs), according to Strategic Insight (SI), an Asset International company.
Funds See $25B in July Flows >
August 12, 2010 -- Driven by ongoing demand for bond funds, U.S. mutual fund investors added about $25 billion in net new cash to U.S. stock and bond mutual funds in July 2010, according to Strategic Insight (SI), an Asset International company.
July Fund Flows Edge up to $14B >
August 11, 2010 -- Flows into U.S. open-end funds increased slightly in July to $14.1 billion versus $13.5 billion in June, according to the latest Morningstar fund flow data.
ETF Assets Increased $50B in July >
August 10, 2010 -- Exchange-traded fund (ETF) industry assets rose $50 billion for the month of July – up 6.5%, according to the State Street Global Advisors (SSgA) ETF Snapshot.