Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products August 1, 2001
GE Offers Enhanced Indexing Product
January 8, 2001 (PLANSPONSOR.com) - GE Asset
Management is now offering plan sponsors an institutional
enhanced indexing product, the US Research Enhanced S&P
500 product.
Reported by Nevin E. Adams
Enhanced index funds aim to outperform the benchmark through tightly controlled, low-risk, active strategies – essentially a middle ground between passive and active fund management. Most commonly, enhanced indexers buy a limited number of select stocks held in the index, or acquiring exposure through the futures market.
The GE option is collectively managed by a team of twelve U.S. research analysts at GE Asset Management and overseen by Dick Sanderson, Senior Vice President and Director of Research.
Assets have been managed in this style for GE employees and retirees since 1992 through the GE Pension Trust, according to the press release.