Investing

All Equity Markets Gain in Q406

Modest overall economic growth and a subsiding of inflation fears contributed to strong performance from U.S. equity markets in the last quarter of 2006, according to Mercer Investment Consulting (Mercer IC).

Bad Behaviors Thwart Performance

Recent research from UBS Global Asset Management suggests that when individual investors pursue performance over portfolio discipline, they underperform the market – and their own investments.

Latter 2006 Sees Slower Hedge Fund Growth

New hedge funds had a difficult time raising money in the second half of 2006 after the equity market slowdown at midyear and the later meltdown of Amaranth Advisors, according to a new study from Absolute Return magazine.

ETFs See Asset Uptick in January

Assets of U.S.-listed exchange-traded funds (ETFs) were up slightly to $422 billion in January, according to new data from State Street Global Advisors.

DTCC to Launch Fund Prospectus Database

The Depository Trust&Clearing Corporation (DTCC) has unveiled plans for a July launch of its redesigned Mutual Fund Profile Service database, which it says will be a centralized repository for information in a fund's prospectus.

Q3 Mutual Fund Growth Better Than Early 2006

The combined assets of mutual funds around the globe climbed 4.1% in the third quarter of 2006 to $20.22 trillion, beating the 2005 numbers for the same quarter by $2.94 trillion, according to the Investment Company Institute’s (ICI) survey of the mutual fund industry.

ICI: ETF Assets Reach $422B in December

The total combined assets of the nation's exchange-traded funds (ETFs) inched up 2.8% to $422.48 billion in December, according to the Investment Company Institute’s monthly report on the industry.

Best Performing Funds Fail to Repeat Performance

Advisers who use performance as the sole, or significant, driver in investment selection might want to rethink their strategy because the latest study of fund performance over time from Standard&Poor’s found that very few funds top performing funds managed to consistently repeat top-half or top-quartile performance in 2006.