Features and News

Spitzer Investigation Rocks Fund Industry

The Spitzer probe has caught many investors - and even some regulators - by surprise. The NY Attorney General says a hedge fund received preferential treatment at the expense of other investors.

Features and News

Gus Sauter Interview

Vanguard indexing guru discusses switch to new domestic MSCI benchmarks - and why the Russell 2000 reconstitution no longer keeps him up at nights. Also featured is Sauter's previous Journal of Indexes article on benchmark construction.

Features and News

Fair Value Pricing in International Funds

Market timers often attempt to exploit time zone differences, and this can harm long-term investors. A number of index fund managers comment on the problem.

Features and News

Bogle's Corner

John C. Bogle testified before the House Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises in the U.S. House of Representatives in Washington, DC.

Features and News

Vanguard to Release a Slew of New ETFs

Vanguard will launch a new family of sector index funds - and a whole host of new ETFs. The move signals Vanguard is looking to expand beyond its buy-and-hold asset base.

Features and News

ETF Assets & Trading Volume Up in 2003

Exchange-traded funds continue to grow as institutional and retail investors are increasingly incorporating them into both active and passive strategies. At last count there were 291 ETFs with 383 listings on 27 global exchanges.

Features and News

Index Rex

From the Journal of Indexes - The author unveils a methodology that seeks to incorporate the collective decisions of fund mangers into investable benchmarks in an article that was originally published in the Journal of Indexes in Q2 of 2002.

Features and News

Active Funds vs. the Indexes in Q3 2003

S&P's active vs. passive quarterly scorecard showed mixed results in the third quarter. Active funds beat S&P's large- and small-cap indexes while trailing in the mid-cap space -- but indexes win out over the long term.