Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Vanguard Adopts New Indices for Bond Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, September 23, 2009

Vanguard Adopts New Indices for Bond Funds

News summary by MFWire's editors

Barclays Capital has won over Vanguard for its float-adjusted fixed-income indices. Vanguard will use the Barclay's benchmarks for a dozen of its fixed income index mutual funds starting in the fourth quarter.

Vanguard officials told the media that the move was made because they better reflect market liquidity.

Liquidity's importance to bond holders was underscored by the events last year that led to the purchase of $125 billion in agency bonds by the U.S. government.

The fact that there is no market in those bonds introduces tracking error for funds that benchmark to indices that fail to adjust for the change.

Indeed, it was those events that spurred Barclays Capital to introduce the indices in July, reports Bank Investment Consultant

Edited by: Sean Hanna, Editor in Chief


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use