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Rating:Hewitt Plus PeopleSoft Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, June 26, 2001

Hewitt Plus PeopleSoft

Reported by InvestmentWires Staff, 

Hewitt Associates and PeopleSoft have announced a partnership in which Hewitt will make use of PeopleSoft's Human Resources Management Systems to provide human resource outsourcing to Fortune 1000 companies.

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Alan "Ace" Greenberg is stepping down from his position as chairman of the board of Bear Sterns, although he will remain chairman of the executive committee. James "Jimmy" Cayne, ceo of Bear Sterns since 1993, will take Ace's top spot.

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Bessemer Trust hopes to tap high net worth investors and affluent families in the southwest region with a new Dallas office.

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Thomson Financial has released a new version of their client prospecting software, ShareWatch Web.

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The Wall Street Journal in conjunction with Thomson Financial/First Call released the "Journal's Best on the Street Analysts Survey" in today's WSJ. The annual survey ranks securities analysts based on two categories, the performance of their stock picks and the accuracy of their earnings forecasts.

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In an effort to double Barclays' client base of affluent continental European investors within the next five years, Barclays is launching a multichannel, one stop solution for the aforementioned clients, reports Dow Jones Newswires. GMAC Institutional Advisors has announced five new executive appointments: Linda Hart, formerly of Berwind Property Group and Lend Lease Real Estate Investments will become CFO; Joy Overbay also comes over from Lend Lease Real Estate Investments and will now serve as Vice President and Portfolio Manager; and Christopher M. Harris and Jessica Eggins of McMorgan & Company and Lend Lease Real Estate Investments, respectively, will both become Vice President of Marketing & Client Relations. Last but not least, Kim Betancourt who comes over from Standard & Poor's, will now serve as Vice President and Manager of Realpoint.

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Due to the departure of Kim Peters, effective July 1, Rosalina Feliciano and Don DeVeuve will now co-manage State Street's High Income Fund.

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David Fassnacht, of Wellington Management, will become assistant portfolio manager of the Windsor Fund under Charles Freeman. In another Vanguard move, David Glocke, Principal, fixed income group, will take on Robert Auwaerter's management responsibilities for the intermediate and long term treasury funds in addition to his responsibilities for the short term treasury fund and four money market funds.

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Pax World Funds is the first socially responsibility fund company to release comprehensive vote tallies for both shareholder and closed door votes on the internet. 

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