| From the Magazine: Warming to ESG | | At the start of 2016, 26% of professionally managed assets in Asia, Australia and New Zealand, Canada and the U.S., equal to $23 trillion, was managed under some type of social criteria, according to the Global Sustainable Investment Alliance.
Read more > | | | More Than Half of Americans Not Contributing to a 401(k) | | Furthermore, only 37% are contributing to an IRA, and 18% to a HSA, Edward Jones learned in a survey
Read more > | | | Value Added | | Plan sponsors often fail to comprehend or value their advisers’ fiduciary services, according to those service providers themselves in attendance at the 2017 PLANADVISER National Conference (PANC). Asked if they think plan sponsors understand what it means to have their adviser serve as a fiduciary, 43% of attendees polled said, “No.” And, asked if they thought plan sponsors value their adviser serving as a fiduciary, 54% responded, “Yes, some do.”
Read more > | | | Market Mirror | | Tuesday, the Dow was down 299.24 points (1.16%) at 25,410.03, the NASDAQ decreased 91.11 points (1.23%) to 7,330.35, and the S&P 500 closed 35.32 points (1.27%) lower at 2,744.28. The Russell 2000 fell 22.86 points (1.47%) to 1,536.47, and the Wilshire 5000 lost 369.59 points (1.29%) to finish at 28,339.84.
The price of the 10-year Treasury note decreased 11/32, bringing its yield up to 2.903%. The price of the 30-year Treasury bond was down 7/32, increasing its yield to 3.167%.
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