The consultancy identifies 10 investment-related terms rendered outdated by change.
Together, defined benefit (DB) plans and nonprofits continue to represent the majority of the assets under management of outsourced chief investment officers (OCIOs) polled by Cerulli Associates.
Wilshire’s data shows this was the best one-year return since the year ending June 30, 2014; that year ended with a 15.51% median return and a third consecutive quarter to post an annual return above 10%.
Respondents across all three generations cite saving and investing for retirement as their primary financial goal; however, Millennials are less inclined to buy and hold for the long term.
A relatively large allocation to international equities in Public Funds helped them beat out returns for Corporate ERISA plans and Foundations & Endowments, according to Northern Trust.
NEPC says pension plan sponsors' expected returns are unrealistic.
Across mutual fund and collective investment trust target-date products, the top-three managers own 62.6% of the market, while the top 10 account for 88.9%.
Baby Boomers’ average 401(k) account balance in June 2007 was $115,000, but those who continued to contribute to their account saw that balance grow to $315,000 as of this past June.
While few if any investing professionals advocate for aggressive market timing, it is natural to ask the question of when the bull markets could cool—and how investors might respond now to address potentially uncompensated risk in their portfolios.
When asked about the investment approach that best aligns with their retirement savings objectives, the top choice overall for 30% of women was a mutual fund with a track record of outpacing the stock market over the long term.
“The primary source of growth can be explained by the fact that CITs often are priced lower as compared to mutual funds of similar strategies,” says an analyst at Cerulli.
Choosing passive investments is a clear and simple way to reduce fees; however, choosing the fund with the cheapest expense ratio does not “equate to checking the fiduciary box,” Cerulli warns.
Recordkeepers widely identify “reducing plan administration costs” and “maximizing participant savings” as the top two priorities for defined contribution plan sponsors; CITs are also a big focal point.
Cerulli’s research shows more than half of advisers create customized investment portfolios on a client-by-client basis, while 42% start with investment models and alter on a client-by-client basis.
A recent survey found that across generations, investors are almost equally concerned that their returns won’t secure adequate retirement savings.
Willis Towers Watson makes the case for white label funds in a new paper.
The Callan DC Index also shows nearly three-fourths of DC plan account balance growth has been due to investment performance.
There are potential compliance problems in the works if regulators don't grasp the key differences involved in sub-TA fees and other kinds of revenue sharing.
Research found 41% of Millennials are avoiding the stock market and are instead using savings accounts to save for retirement.
Strategic beta ETFs are an important asset class to consider, but new research also warns many of the products “aren't as distinctive as they may first appear.”