Americans are currently saving about 50% of the extra money in their pockets resulting from lower energy prices — but don't expect that to last long.
A recent Reuters article says that assets in collective investment trusts, or CITs, are “surging” as asset managers are using them to “slash” fees, especially in DC plans.
In January, Morningstar analysts upgraded four U.S. mutual fund ratings, downgraded five fund ratings and assigned three new ratings.
Exchange-traded funds are growing in popularity, and a new report from Cerulli Associates says that an increasing number of asset managers are finding new ways to incorporate them into their plans.
A comprehensive study by PwC projects that ETFs are on track to double to $5 trillion by 2020. A view of what is driving much of this growth helps to shed light on what may lie ahead for the DC market.
Will your portfolio soar with the Seahawks, or get punched by the Patriots?
There’s no doubt that traditional indexing is cleaning up at the expense of active managers. But that space can be crowded — with Vanguard and BlackRock dominating and little room for differentiation. So some firms like Pimco and JP Morgan are making moves to expand into the smart beta market, which gets 20% of all ETF assets, according to Morningstar.
The National Association of Plan Advisors is a non-profit professional society.
The materials contained herein are intended for instruction only and are not a substitute for professional advice.
Copyright 2018 by NAPA
American Retirement Association
4245 N. Fairfax Drive, Suite 750 | Arlington, VA 22203
P. 703.516.9300 | F. 703.516.9308