| Sponsored message from OneAmerica | | CITs: A Demonstration of Commitment and Experience | | Financial professionals are seeking more efficient ways to provide retirement plan participants with high quality and low-cost investing options. One possible way to do this is by using Collective Investment Trusts, or CITs. Terry Burns of OneAmerica, Retirement Services, discusses how OneAmerica is working to support retirement plan advisors, plan sponsors and participants in this endeavor.
Read more > | | | Retirement Industry People Moves | | The Lanzetta Group moves to Securities America platform; Deutsche Bank hires West Coast head; Greenleaf joins Retirement Advisor Council; and more.
Read more > | | | Investment Product and Service Launches | | ProShares Launches ETF for Growing Pet Care Firms; HB&T Reveals Upcoming Sequence of Collective Investment Funds; and Salt Financial Files Registration for ETF That Pays Investors.
Read more > | | | Market Mirror | | Friday, the Dow climbed 138.93 points (0.54%) to 25,848.87, the NASDAQ closed 57.62 points (0.76%) higher at 7,688.53, and the S&P 500 increased 14.00 points (0.50%) to 2,822.48. The Russell 2000 was up 3.90 points (0.25%) at 1,553.54, and the Wilshire 5000 gained 129.33 points (0.44%) to finish at 29,193.76.
The price of the 10-year Treasury note increased 11/32, bringing its yield down to 2.590%. The price of the 30-year Treasury bond climbed 20/32, decreasing its yield to 3.016%.
WEEK’S WORTH: For the week ending March 15, the Dow was up 1.57%, the NASDAQ climbed 3.78%, and the S&P 500 gained 2.89%. The Russell 2000 increased 2.08%, and the Wilshire 5000 finished 2.79% higher.
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