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Investments

N.Y.’s 529 plan ranks fifth in study

New York’s 529 College Savings Program ranked fifth among 52 direct-sold plans in one-year investment performance for the quarter ended June 30, a study released Monday by Perinton-based Savingforcollege.com LLC said.

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Manning & Napier adds jobs, grows assets managed

Perinton-based money manager Manning & Napier Advisors Inc. added a record $2.63 billion in new assets in the first six months of 2009, a 57 percent increase over $1.68 billion in assets gained a year ago, company officials said this week.

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