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"We're pleased with M.S.C.I.'s decision," said Steven Schoenfeld, head of international equity management for Barclays Global Investors, the world's biggest manager of index funds, in San Francisco.
Humana, the biggest manager of health plans for the United States military, lost $1.30, to $17.71.
Malkiel himself is now a director of the Vanguard Group, the biggest manager of index funds.
It is the biggest foreign investment firm in Japan, and the biggest manager of unit trusts (mutual funds) in Britain.Unlike competitors such as Vanguard and Barclays, which mirror stockmarket indices, Fidelity vigorously manages its share portfolios.
Mr. Caballero once was executive director of an organization called Pueblo Nuevo, which was the biggest manager of Housing Development Fund buildings in the neighborhood but dissolved amid allegations of corruption and an investigation by the Manhattan district attorney's office.
Affiliated Computer Services, the world's largest processor of student-loan payments, and Lockheed Martin Corporation, the biggest manager of computer networks for the United States government, completed a $658 million swap of business units.
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Barclays is known in the United States primarily for its exchange-traded funds, but in Britain it is one of the biggest managers of mutual funds.
PhyCor Inc., once one of the biggest managers of doctors' practices, filed for bankruptcy protection yesterday after nine straight money-losing quarters.
Julian Webb, head of the DC savings business for Fidelity, one of the biggest managers of investments for DC pension funds in the UK, also cautions against any panic.
Lavine comes from Barclay's Global Investors, the fund complex of Britain's Barclays that happens to be among the biggest managers of ETFs.
From a big manager you expect a little bit more".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com