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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.

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.

ProShares Launches Six More ETFs

Citing a strong demand for short or magnified exposure to the small cap market, ProShares Thursday launched six new exchange traded funds (ETFs).

NY Firm Unveils ETFs for Health, Biotech Research

New York-based XShares Advisors LLC launched five exchange-traded funds (ETFs) on the New York Stock Exchange Tuesday, with each aimed at a segment of the health care, life science and biotechnology industries.

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.

BGI Files for High-Yield Corporate Bond ETF

Barclays Global Investors filed with the Securities and Exchange Commission (SEC) last week to offer the first exchange-traded fund (ETF) that tracks the high-yield corporate bond market.

Vanguard Edges into Bond ETF Market

Vanguard is adding exchange-traded funds (ETFs), which will be structured as separate share classes of existing mutual funds, to its four existing bond index funds in an effort to expand its presence in the U.S. bond market.

XTF Adds Two Portfolios to its ETF Offering

Asset manager XTF has added a Sector Rotation Portfolio and a Country Rotation Portfolio to its lineup of exchange-traded fund (ETF) offerings, which will be offered to investors as separately managed accounts.

SaveDaily Upgrades 401(k) Statement Tool

Recordkeeping technology provider SaveDaily.com can now post vesting to 401(k) participant statements and is now offering fulfillment options including electronic and mail distribution.