Provides information about investment managers, funds and indexes.
According to Maister, ETFs fail to mirror their underlying index because of fees and expenses, intentional "optimization" by fund managers and changes in the index itself.
In the major economies, we are seeing improvement in purchasing managers' indexes and surveys of business and consumer confidence.
Shares of Citigroup, which is nearly free from Uncle Sam, are up - and index fund managers may push them even higher.
Overall the FTSE 100 finished 17.70 points lower at 6678.90, hit by weak purchasing managers indices and confidence figures from the eurozone and disappointing manufacturing growth from China.
Dan Greenhaus, an economist with Miller Tabak & Company, said that private sector service jobs account for about 83 percent of all private sector jobs, and so movements in the supply managers index and its employment component bear close watching.
10.01am GMT ING: UK could achieve 3% growth in 2014 Reaction is flooding in: ING's James Knightley reckons that the UK could grow by up to 3% in 2014: With business surveys, such as the purchasing managers' indices and the British Chambers of Commerce reports indicating very strong activity across the economy it looks as though there is significant momentum at the beginning of 2014.
But it slashes profits to index fund managers and discourages entrepreneurs who start new fund ventures in the hopes of enriching themselves by building fund empires.
In truth, most companies are monitoring and optimizing speed in a relative vacuum, but using that 3.5 terabytes of daily data, the Index gives managers and developers specific insight into user experience, measuring performance improvements over time — in the context of their own industry.
Two measures of manufacturing activity, the official Purchasing Managers Index and the HSBC Purchasing Managers Index, both rose above 50, which indicates expansion, for the first time in months.
