MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, April 25, 2001 Federated Investors Matched Estimates Domini Social Investments announced the publication of its sixth annual Proxy Voting Guidelines and Social Screening Criteria. Two years ago, the firm first published their actual proxy votes it casts for each company in its portfolio. * * * Dow Jones Indexes signed a license agreement with AXA Investment Managers, under which the European group will list an ETF based on the Dow Jones Global Titans 50 index. AXA executives expect the new series, called EasyETF, to begin trading at Euronext on April 25. * * * Federated Investors matched Street estimates by posting earnings of $0.35 per share. Total managed assets increased by $21.1 billion, or 17 percent, to $146.4 billion: money market fund assets grew $24.6 billion, or 30 percent, to $107.0 billion, fixed-income fund assets showed a $71 million increase to $15.1 billion, equity fund assets declined by $5.2 billion, or 22 percent, to $18.2 billion, and separate accounts grew by $1.6 billion or 37 percent to $6.1 billion. * * * Boston-based Affiliated Managers Group, with $69.7 billion in assets under management, announced a revenue drop of $14 million from the first quarter of last year, to $100.4 million, but matched analyst estimates by announcing earnings of $0.89 per share. Net income fell to $11.9 million from last year's $13.8 million first quarter. * * * Fidelity has decided to take education seminars out of conference rooms and onto the web with its two newest products, Fidelity Web Workshop and Fidelity e-Learning Workshop. e-Learning workshops offer participants more flexibility by allowing them to choose and navigate their own coursework. By year end, Fidelity expects to conduct 500 of these programs for more than 75 of its plan sponsors. Printed from: MFWire.com/story.asp?s=26540 Copyright 2001, InvestmentWires, Inc. All Rights Reserved |