Word: lipper
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...risk, short-maturity funds. It's the funds that buy 10-, 20- and 30-year bonds that test your emotions. Both types, incidentally, are staples in 401(k) plans. Many people had no idea what they had got into back in '94, when rates soared and, according to Lipper Analytical Services, the average general Treasury-bond fund fell 6%. "Bond-fund risk is just not well understood," notes John Rea, an economist with the industry trade group Investment Company Institute...
...July 2. Thai stocks promptly skidded 30% and sent tremors through markets in the Philippines, Malaysia, Indonesia, Singapore and Hong Kong. Stock funds heavily invested in the region fell an average 13%, with some--including Landmark Emerging Asia and Merrill Lynch Emerging Tigers--falling more than 30%, according to Lipper Analytical Services...
...academic maelstrom has formed around the new Zelaznik professorship for Holocaust and Cognate studies, which was created by a 1995 gift to Harvard by Kenneth Lipper, former deputy mayor of New York City...
...position was created when former New York City deputy mayor Kenneth Lipper endowed the chair in memory of "a family member who died in the Holocaust," according to the Boston Globe...
That's when managers looking outside the index stocks could regain the advantage. Now may be the wrong time to lurch into index funds. "They've outperformed a long time," Lipper says. "And the history of the market is regression to the mean"--meaning some other segment may be ready to do better as index stocks come back to earth...