News

Amex Offers Sector SPDRs and MITTS

Select Sector SPDRs, as well as options on them, began trading on the American Stock Exchange on December 22, 1998.

News

Three New Schwab Index Funds

Charles Schwab Investment Management, Inc., the investment management branch of Charles Schwab & Co. is courting investment managers with its latest family of index funds.

Articles

Liability Index: The True Objective

Ryan argues that pension plan portfolio managers are benchmarking against market indexes when they should be benchmarking against what is happening to the present value of liabilities they eventually have to meet. Infrequent and delayed liability data are part of the problem.

News

Three New Schwab Index Funds

Charles Schwab Investment Management, Inc., the investment management branch of Charles Schwab & Co. is courting investment managers with its latest family of index funds.

News

FTSE Goes Euro With New Index

FTSE International added real-time Pan-European sectors to its FTSE Eurotop 300 index with the release of the Euro on January 4, 1999.

The ten broad economic groups and the 39 industry sectors they are divided into were created to accommodate European fund managers in the wake of the EMU. Rather than structuring their portfolios around countries, they will now be basing them on industries. Eventually all the FTSE indices will be organized by a similar system.

News

CBOE Trades Dow 10 Options

The Chicago Board Options Exchange began trading options on the "Dow 10" on Jan. 4 under the ticker symbol MUT.

News

DJI And AIG Introduce Commodity Indexes

On Jan. 5, Dow Jones & Co. and American International Group Inc. launched a new index of commodity prices in a joint marketing agreement.

Stats

1999 World Index Returns

1999 World Index Returns In US$
 
DJGI
FT/S&P World Actuaries
MSCI
Salomon SSBGEI