In the Feb. 21 Scoreboard "Most new GIC business" charts, Bankers Trust Co. should have been listed under GIC portfolio managers, ranking second with $1.744 billion. New York Life should have been first among banks/insurance companies, with $1.25 billion.
In the Feb. 21 issue, the PIPER commingled equity fund first quartile, median and third quartile returns for the one-year period, shown in the bar charts, were incorrect. For PIPER overall commingled equity, the first quartile should have been 15.6%, the median, 11.4% and the third quartile, 8%. In PIPER growth commingled equity, the returns were 15.2%, 11.2% and 5.1%, respectively. For PIPER value commingled equity, the first decile was 15.6%, the median was 11.7% and the third quartile, 8.3%.