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Week Two: Preserving Wealth
WealthManagerWeb.com  |   News  |   Podcasts  |   Webinars February 11, 2010

New this week at WealthManagerWeb.com

Beta Morphs From Alpha
  When huge amounts of assets pile into managed strategies, and everyone starts to invest to replicate that alpha, alpha evolves into beta… Read More
Insuring Wealthy Clients
  Personal insurance coverage is a cornerstone of any wealth preservation plan. Over the course of a year, circumstances can change, which may result in gaps in coverage… Read More
S&P Puts Bank of America and Citigroup on "Negative" Outlook
  Standard & Poor's has revised the outlook for Bank of America Corp. and Citigroup Inc. to "Negative" from "Stable." For both companies S&P affirmed ratings… Read More

Blog: Portfolio Gourmet

See Ben Warwick's newest blog post in Portfolio Gourmet, about investment strategies, markets and the economy.

Ben Warwick

Large Cap Logic
Investors will flock to U.S. large-cap companies, especially those with sound dividends, while small company stocks will remain relatively unloved… Read More


Also at WealthManagerWeb.com

Wealthy Investors Want Help Finding Advisors
  Finding a money manager or hedge fund isn't as easy as it once was thought to be–even for "ultra-wealthy" investors… Read More
Bank of America Charged With Fraud
  New York State Attorney General Andrew Cuomo charged Bank of America, its former CEO, Ken Lewis, and former CFO, Joseph Price, with fraud… Read More
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Wealth Manager Survey Alert!

Attention RIA firms: The Top Wealth Manager Quarterly Pulse for the fourth quarter, 2009, is now underway. If you have an RIA firm and would like to participate, please click here.

All Select Sector SPDRs: Weekly Flows


Source: Select Sector SPDRs

Select Sector SPDRs summary for the week ended February 5:

The S&P 500 was down 0.72% for the week, -4.39% for the year-to-date.

Sector SPDR assets fell by $940 million for the week, or -3.27%.

Sector SPDR share creation was off by 30.65 million shares for the week, or -2.61%. Volume was "heavy," with 1.42 billion Sector SPDR shares trading.

Materials (XLB), was the best sector for the week, up 1.13%. Utilities (XLU), was the worst sector, down 2.07%.

For more weekly net flows charts for Select Sector SPDRs please click here.

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