The new options, MassMutual funds that are sub-advised by external managers, are:
- MassMutual Value, which is managed by Fidelity Investments and benchmarked to the Russell 1000 Value Index, and
- MassMutual Overseas, managed by American Century and Harris Associates
The addition of the two funds brings the number of investment offerings available in the group’s Concert Investment Program to more than 65.
MassMutual Retirement Services defined contribution, defined benefit and non-qualified deferred compensation plans have nearly 600,000 participants.