Dow Jones

Most large funds fail to beat benchmarks in last five years

mutual fundsMore than half of actively managed large-cap equity mutual funds failed to beat their respective benchmark index in the past five years, according to a fresh report by S&P Dow Jones Indices and Crisil.

The standard against which the performance of mutual funds is gauged is called benchmark. The agency analyzed S&P Indices Versus Active Funds scorecard and found that 52.63 per cent of the actively managed large-cap equity mutual funds underperformed their benchmark over the last one year and 53.33 per cent underperformed their benchmark over the last five years.

Dow Jones industrial average skids 10 percent off year's peak

Dow Jones industrial average skids 10 percent off year's peakAs a wide-sweeping sell-off continued on three continents, the Dow Jones industrial average skid hit 10 percent off the year's peak on Thursday.

Putting it halfway to bear market, which is defined as a 20 percent drop, the DJIA gave up 200 points in the first half hour of trading and lost an additional 176 points by the close.

For the first time in three months, the Standard & Poor's index had dropped to less than 1,100.

The 10 percent drop has been quick. The DJIA peaked for the year on April 26 at 12,205.

Two Business Divisions to be Clubbed Together by Dow Jones

Two Business Divisions to be Clubbed Together by Dow Jones As confirmed by Dow Jones, the publisher of the Wall Street Journal, the company is looking to merge its two largest business divisions, with the aim to take its efforts under the parent firm New Corp, to garner more co-operations at the company, further.

Stocks Expected to Rise for Seventh Consecutive Day

Dow-JonesOn Tuesday, the stock market could take its 6 day winning streak a day further and clock 7 consecutive days of higher closing points, if the higher opening figures of futures continue till it is time to close.

The futures of all major US markets, the Dow Jones industrial average, Nasdaq-100 and S&P-500, were higher, which indicates that the stocks could open higher than their last recorded trading price.

Dow Jones Factiva inks ‘Content Sharing Pact’ with CNI Research

Dow Jones Factiva inks ‘Content Sharing Pact’ with CNI ResearchDow Jones Factiva, a division of Dow Jones, has entered into a 'Content Sharing Agreement' with CNI Research Ltd.

The alliance is meant to help global investors in over 159 countries to get reliable information on Indian small and medium enterprises and also access to the market trend.

Both partners believe that the alliance will benefit not only investors at large in the global context but will help put the limelight firmly on the Indian small and mid cap companies.




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