News

Nationwide Launches Newsletter for Plan Administrators

To help plan administrators keep up with the many legislative provisions impacting their clients in 2007, Nationwide has launched a free, periodic newsletter that will offer ongoing education about legislative, regulatory and administrative changes.

Best Performing Funds Fail to Repeat Performance

Advisers who use performance as the sole, or significant, driver in investment selection might want to rethink their strategy because the latest study of fund performance over time from Standard&Poor’s found that very few funds top performing funds managed to consistently repeat top-half or top-quartile performance in 2006.

State Street ETF To Track Infrastructure Industries

State Street Global Advisors will launch Tuesday an exchange-traded fund (ETF) that that tracks an index of developed and emerging country stocks involved in infrastructure industries such as pipelines, transportation services, electricity, water and telecommunications.

AssetMark Targets Retirement Income

AssetMark Investment Services, Inc. has announced a new investment product designed to address the income and long-term investing needs of retiring baby boomers.