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Barclays to Introduce Tech-Heavy ETF in U.K.

by Staff
Friday, September 22, 2000

Barclays Global Investors (BGI) announced that it plans to launch a new iShares exchange-traded fund (ETF) similar to U.S. "cubes" (QQQ) in the U.K. John Demaine, Managing Director for Product Development, said BGI has plans "to launch an iShare with a ...Read More

Article Library

  • John Spence

    Swiss Exchange to Launch New ETFs

    by John Spence — Tuesday, September 19, 2000

    Whew! Working the ETF beat hasn't been easy this past week. Recently my inbox has been full of messages from our editorial staff asking me if I've heard about the latest European exchange to embrace exchange-traded funds (ETFs). State Street Global ...Read More

  • State Street's German arm to Launch ETFs

    by Staff — Friday, September 15, 2000

    In an interview that was published today on, a Germany-based financial news Web site, the head of State Street's German arm announced that State Street Global Advisors (SSgA) plans to launch nine exchange-traded funds (ETFs) based on ...Read More

  • Proposed Law to Defer Capital Gains on Funds

    by Jim Novakoff — Thursday, September 14, 2000

    Representative Jim Saxton, a New Jersey Republican and Chairman of the Congressional Joint Economic Committee, has introduced significant legislation addressing the taxation of mutual funds. The proposed law, if enacted, would change the tax rules for ...Read More

  • State Street to Launch New Australian ETFs

    by Staff — Wednesday, September 13, 2000

    The Australian Stock Exchange (ASX) and State Street Global Advisors (SSgA), the investment management arm of Boston-based State Street Corporation, today announced that they have signed an agreement to develop the first exchange-traded funds (ETFs) ...Read More

  • Indexing on the Global Stage

    by Aviya Kushner — Thursday, September 7, 2000

    Looking for a way to get international exposure without too much risk of getting burned? Though there's no absolutely foolproof investment strategy, some of the biggest names in investing are turning to international index funds. In 1999, according to ...Read More

  • John Spence Zeroes in on Savvy Young Online Investors

    by John Spence — Wednesday, September 6, 2000

    San Francisco-based is urging younger investors to ask themselves, "What if I. . . ?" The new investment site has partnered with Barclays Global Fund Advisors to offer five index funds with an initial minimum investment as low as $100 a ...Read More

  • Gus U. Sauter Interview

    by Gus Sauter — Friday, September 1, 2000

    George U. Sauter, managing director of the Vanguard Core Management group, recently sat down with the staff to discuss a number of topics - the current performance of Janus Funds, the placement of record cash inflows into the market, ...Read More

  • Jim Wiandt

    From our Bureau of Panic Peddling

    by Jim Wiandt — Friday, September 1, 2000

    So what happens when the extravagantly back-tested research of two eminent economists strongly suggests that equity returns are in for a long hard road going forward? Should we stay the course, panic and sell, or stock up on canned food and bottled ...Read More

  • John Spence

    Bogle Speaks Out on Social Security

    by John Spence — Thursday, August 31, 2000

    Unfortunately, John Bogle isn't on the ticket for the upcoming 2000 presidential elections, but he would certainly get our vote if he was in the running. Oh well, there's always 2004. ...Read More

  • Stock Basket Services Make the Picking Cheap

    by Sharon Rockey — Wednesday, August 30, 2000

    For better or worse, the allure and immediacy of Internet technology has granted investors new freedom and more choices for managing their money. Quick and easy online stock trading has become increasingly popular, and as the ranks of "click-and-buy" ...Read More

  • Bogus Press Release Causes Emulex Stock Plunge

    by Staff — Monday, August 28, 2000

    In one of the most dramatic hoaxes in stock market history, a bogus press release caused the market value of networking technology provider Emulex to temporarily lose $2 billion on Friday. ...Read More

  • John Spence

    ETF Update and Complete Listing

    by John Spence — Thursday, August 24, 2000

    Exchange-traded funds (ETFs) have continued their meteoric rise in popularity, with total assets in ETF securities exceeding $47 billion for the week ending 8/18/00, excluding Merrill Lynch's HOLDRs (Source: Wiesenberger). ...Read More

  • Signs of Life in the Internet Sector

    by Maureen Burke — Wednesday, August 23, 2000

    Crash and burn, baby! Who will soon forget that memorable moment of self-immolation for the Nasdaq last Spring? The incineration throughout the trading day of April 4 was proof that for every action, there is an equal and opposite reaction - the Nasdaq ...Read More

  • John Spence

    Bridgeway Social Fund to Join with Calvert

    by John Spence — Tuesday, August 22, 2000

    Calvert Group and Bridgeway Capital Management today announced a deal to request shareholder approval for a merger of the Bridgewater Social Responsibility Portfolio into the Calvert Large Cap Growth Fund. According to the terms of the agreement, Calvert ...Read More

  • Janus Funds Decline Sparks Debate

    by Adrienne Pauly — Thursday, August 17, 2000

    Falling stars, whether celestial or financial, draw intense interest from observers who react variously to them. The recent disappointment of the Janus Funds after years of stellar performance has produced a strong response within the financial community ...Read More

  • Larry Swedroe

    Too Many Cooks in The Kitchen

    by Larry Swedroe — Monday, August 14, 2000

    Brad Barber and Terrance Odean of the Graduate School of Management, University of California at Davis, have done a series of studies on investor behavior and performance. The following summary discusses some of their studies and their main findings. Individual investors on ...Read More

  • Jim Wiandt

    Slice and Dice Primer

    by Jim Wiandt — Thursday, August 10, 2000

    I thought it might be instructive to post part of my reply to him here so that newcomers to the debate have a better idea of what we're talking ...Read More

  • Asset Allocation Is Not Dead

    by Julia Curbo — Friday, August 4, 2000

    A February article in the Wall Street Journal discussed the end of asset allocation. In the interim, of course, many undiversified investors have gotten a rude awakening. ...Read More

  • Larry Swedroe

    How You Interpret the Data Makes All the Difference

    by Larry Swedroe — Thursday, August 3, 2000

    Business Week is a highly regarded publication. Unfortunately, while its reporting of the business news is excellent, the value of its investment advice is often wrongheaded. The reason is that their objective is to sell magazines and gain advertising ...Read More

  • Factor Rotation: Size, Value and Market Correlation

    by William Bernstein — Wednesday, August 2, 2000

    Of all of the tidbits of financial pornography bandied about in the media by market analysts, none is more hackneyed than "rotation": "Well Lou, I think what we saw this week was a rotation out of the cucumber sector and into bagels." This is a fatuous ...Read More

  • Will McClatchy

    Hidden Trading Costs ETF Investors Should Know About

    by Will McClatchy — Monday, July 31, 2000

    How does a small investor know he is getting the best price when he buys or sells an exchange-traded fund (ETF)? The truth is that brokers may quite legally complete a trade at less-than-optimal prices and pocket the difference, and the investor may never ...Read More

  • Magical Run or a Bunch of Hype?

    by Larry Putnam — Saturday, July 29, 2000

    Business Week is a respected bastion of the financial media. Like much of the mainstream media, the magazine has a penchant for publicizing trading successes. In its July 24th issue, BW printed a 4-page analysis of "Inside Wall Street" columnist Gene ...Read More

  • And the Rich Get Richer

    by Charles Clawson — Friday, July 28, 2000

    Vanguard, the leader in low-fee investment funds, announced Wednesday it will offer a price break on expenses for its long-term investors and those with big money accounts. The new "Admiral" share class could save shareholders 33% in fees. ...Read More

  • Jim Wiandt

    Diversifying Internationally - Safe and Sensible

    by Jim Wiandt — Tuesday, July 25, 2000

    You've got a house, a broad section of the U.S. Market, and some bonds. You think you're diversified? Think again. Without a healthy allotment of international stocks, your porfolio is not as diversified as it should be. ...Read More

  • NYSE Looks to Challenge American Exchange ETF Hegemony

    by Staff — Thursday, July 20, 2000

    There are currently 58 exchange-traded funds available to investors. Their combined assets amount to some $47 billion. Every one of them trades on the American Stock Exchange (AMEX). This may soon change. The New York Stock Exchange (NYSE) today expressed ...Read More

  • Jim Wiandt

    Fortune to Create Exchange-Traded Funds

    by Jim Wiandt — Wednesday, July 19, 2000

    The latest in a procession of exchange-traded funds (ETFs) to enter the market comes from Fortune, which has licensed State Street Global Advisors (SsgA) to manage new ETFs based on the Fortune 500 and Fortune e-50 stock indexes. ...Read More

  • Calvert Group Opens a Socially Responsible Fund of its Own

    by Staff — Thursday, July 13, 2000

    Socially responsible index pioneer Calvert Group recently launched the Calvert Social Index Fund (ticker symbol: CALVIN) to track the performance of the Calvert Social Index. The Calvert index aims to be the broadest-based, most rigorously screened ...Read More

  • Investors Flunk Vanguard Test

    by Staff — Wednesday, July 12, 2000

    Mutual fund investors scored an average of 37% on a test of their fund and market savvy. The quiz, sponsored by the Vanguard Group and Money Magazine, tested investor knowledge of mutual funds basics and market ...Read More

  • Jim Wiandt

    Are the Risks of Exchange-Traded Funds

    by Jim Wiandt — Friday, July 7, 2000

    A key risk inherent in exchange-traded funds (ETFs) is being misrepresented by its proponents, charges Mercer Bullard and the Consumer Federation of America. Sponsors of ETFs responded variously-challenging the critics' data, agreeing, or vowing to change ...Read More

  • Jim Wiandt

    Are the Risks of Exchange-Traded Funds Being Downplayed?

    by Jim Wiandt — Friday, July 7, 2000

    A key risk inherent in exchange-traded funds (ETFs) is being misrepresented by its proponents, charges Mercer Bullard and the Consumer Federation of America. Sponsors of ETFs responded variously-challenging the critics' data, agreeing, or vowing to change ...Read More

  • Indexing on a Shoestring

    by Aviya Kushner — Thursday, July 6, 2000

    The biggest excuse small investors make is always lack of cash. But sit back and imagine enjoying the diversification benefits and low cost of indexing for just $50 each month. ...Read More

  • The New Indexing

    by Eugene Fama Jr. — Saturday, July 1, 2000

    Old-school indexers claim the market portfolio is the only legitimate stock investment. Tilting a portfolio toward a particular piece of the market like small company stocks or value stocks is seen as stock picking, which in turn is seen as gambling ...Read More

  • Bond Index Funds - A Synopsis

    by Sam Henry — Friday, June 30, 2000

    It is fitting that a detailed discussion about bond index funds should begin by mentioning John Bogle and Vanguard Mutual ...Read More

  • Buying Technology Stocks With Exchange Traded Funds

    by Max Issacman — Wednesday, June 28, 2000

    These days you can turn on the television, almost 24 hours a day, and see which market savant is buying tech stocks, who has changed their mind and is selling out of tech stocks, who is jumping into biotech stocks, and so forth. ...Read More

  • Does an Investor Who is Younger than 40 Need Bonds?

    by Julia Curbo — Thursday, June 22, 2000

    We've been seeing some interesting portfolio mixes lately. One young gentleman raved about his "diversified" portfolio and how well he was doing. He had 50% in an S&P index fund, 20% in the tech laden Janus Growth & Income, and 30% in his employers' (also ...Read More

  • John Spence

    It Pays to be Good

    by John Spence — Wednesday, June 21, 2000

    Socially responsible mutual funds were first introduced in the early 1980s, but until recently their performance has lagged the market. The "sin stocks"- those involved in tobacco, weapons development, nuclear power, and pornography-outperformed socially ...Read More

  • Japanese Government Shifts Emphasis to Topix

    by Staff — Tuesday, June 20, 2000

    The Nikkei 225 Average has long reigned as the dominant Japanese index, but the Tokyo Stock Exchange's Topix index is quickly strengthening its reputation in status-conscious Japan. ...Read More

  • From the Message Boards: Index Funds Disciples Duke it Out

    by Staff — Friday, June 16, 2000

    Following is a recent letter exchange Jim Wiandt (the Managing Editor at, pictured above left) had with Jason Zweig (The Fundamentalist at, pictured above right). It was posted to the Index Funds Seminar discussion board with ...Read More

  • Jim Wiandt

    Parade of iShares Continues

    by Jim Wiandt — Wednesday, June 14, 2000

    Barclays Global Investors continues its rollout of iShares. By mid-July, there will be over 50 domestic and international iShare funds available covering just about every broad U.S. market sector, and most of the major international markets. ...Read More

  • Bogle Wins $25 Bet

    by Staff — Tuesday, June 13, 2000

    Five years after making the biggest bet of his life, John C. Bogle, founder of the Vanguard Group, collected $25 from Robert Markman of Markman Capital Management. ...Read More