* U.S. pension funds invested $5 billion in cross-border fixed-income mandates during the past three years, vs. $6 billion in multiasset portfolios, according to InterSec Research Corp. Nearly $126 billion flowed into cross-border equity mandates. A story in the April 20 issue incorrectly stated the $5 billion had gone into all global and international mandates.
* Institutional tax-exempt indexed assets were reported incorrectly by two managers in the survey of leading index fund managers published Feb. 23. Both State Street Global Advisors and PanAgora
Asset Management overstated assets for international index equity assets. State Street's assets in this category should have been
$44.201 billion and PanAgora's, $1.116 billion. PanAgora's domestic equity index asset figure also was incorrect and should have been $4.489 billion.
Adjusting for the misreporting, the results of the survey are:
Total assets, $1,081.265 billion; domestic equity assets, $772.574 billion; and international indexed equity, $121.360 billion. International index assets for the six months ended Dec. 1 rose
10.5%, not 40.7% as the original numbers indicated.