FTSE Looks to PowerShares for Four ETFs

FTSE has licensed PowerShares to create four new international exchange-traded funds (ETFs).

The ETFs will track the FTSE RAFI Emerging Index, the FTSE RAFI Developed Markets ex-U.S. Mid-Small 1500 Index, the FTSE RAFI Developed Asia Pacific ex-Japan Mid-Small Index, and the FTSE RAFI Developed Europe Mid-Small Index.

The FTSE RAFI indexes weight constituents by sales, cash flow, book value and dividends rather than market capitalization.

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The new Developed ex-U.S., Asia Pacific ex-Japan and Europe Small-Mid funds complements three PowerShares ETFs launched on June 25, 2007 which track the large-cap versions of these FTSE RAFI indexes.

The PowerShares ETFs are:

• PowerShares FTSE RAFI Emerging Markets Portfolio (PXH)
• PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (PDN)
• PowerShares FTSE RAFI Asia Pacific ex-Japan Small-Mid Portfolio (PDQ)
• PowerShares FTSE RAFI Europe Small-Mid Portfolio (PWD)

Wall Street Access Joins NRP Network

Wall Street Access will join National Retirement Partners, Inc (NRP), effective October 1, 2007.

Jeff Ireland will continue to be the lead account manager for Wall Street Access’ clients and will be working with Barbara Delaney and Bob Goldstein of NRP to introduce the benefits that NRP membership will add to their clients, according to a press release.

“Our involvement with NRP will serve to further improve the quality, administration, and effectiveness for our retirement plan sponsors and their participants, thus creating a better and more efficient experience for our clients,’ said Eric Alexander, president of Wall Street Access, in the press release. “We are pleased to continue on the legacy of superior service that Dennis Fitzgerald began back in 1989 when he started our retirement practice.’

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For more information on Wall Street Access, a provider of personalized attention and electronic trading to institutional and high-net worth investors as well as investment advisory services for 401(k) and other retirement plans of mid-sized companies, visit www.wsaccess.com. More information on NRP and its more than 90 locations of advisers is available at www.n-r-p.com.

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