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Weekday news and analysis for retirement plan advisers
Thursday, December 01, 2022
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Asset Managers Scramble to Offer In-Demand Investment Vehicles
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Asset managers are replicating existing mutual fund investment strategies in separately managed accounts and collective investment trusts to meet demand from retirement advisers and sponsors, according to new findings from Cerulli.
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Today’s Most Read
1. 2023 PLANADVISER Top Retirement Plan Advisers
2. Why 529 Education Savings Plans Are More Valuable Than Ever
3. Experts Predict Major Growth in Retirement Coverage, Benefits
DOL Extends Comment Period for Independent Contractor Rule
The proposed rule could affect thousands of independent financial advisers who prefer to be classified as independent contractors, rather than employees.
2023 Plan Adviser of the Year Nominations Are Open
Do you work with or know of a great plan adviser or plan adviser team?
Webinar: Wealth Management in a Retirement Plan Practice
Join PLANADVISER on December 13 as a panel of industry experts discuss why wealth and retirement belong together—or do they?; how wealth management can be fit into an advisory firm’s service offering; how to approach revenue opportunities in wealth management, and more.
Market Mirror Market Mirror Graph

Wednesday, the Dow increased 737.24 (2.18%) to close at 34,589.77, the Nasdaq increased 484.22 points (4.41%) to end trading at 11,467.00 and the S&P 500 gained 122.48 points (3.09%) to close at 4,080.11. The Russell 2000 increased 50.03 points (2.72%) to close at 1,886.58 and the Wilshire 5000 increased 1,203.89 points (3.06%) to close at 40,552.42.   

The price of the 10-year Treasury note increased 1 2/32, bringing the yield down to 3.747%. The price of the 30-year Treasury bond increased 1 3/32, bringing the yield down to 3.739%.  

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