The median equity exposure of equally weighted TDF vintages is 60%; equity exposure ranges from as high as 68% to as low as 51%, according to an analysis by Callan.
Tag: Collective Trusts
Wilshire launches VETS Index; Betterment sprouts SRI option for participants; and Deutsche launches Liquid Real Assets CIT.
Slightly more than half of mega plan sponsors in Northern Trust’s book of business deploy custom target-date strategies.
Goldman Sachs and Wisdom Tree introduce ETFs, and Manning & Napier and SEI roll out CITs.
CIT assets have been increasing 14.4% a year, according to DST.
“The wide range of private fund strategies can generate strong returns, provide diversification, reduce volatility, act as an inflation hedge, and/or deliver reliable income,” Cerulli researchers explain.
These investment vehicles may pose pricing and regulatory advantages that could seem attractive to plan sponsors.
CITs are slowing making inroads into retirement plans, and most experts say lower fees besides other advantages CITs offer, will spur more adoption.
First Eagle to add retirement shares to mutual funds; BCM expands smart beta solutions; Conning unveils LDI pooled fund suite; and more.
Charles Schwab Updates CTF Prices; Northern Trust Asset Management Strengthens Liquidity Solutions Team.
MPI releases Target-Date Radar; Fidelity ETFs see another price reduction; New TDF Index released, and more.
Franklin Templeton Investments rolls out actively managed ETF suite; AXA launches collective investment trust; BlackRock reducing iShares ETF costs; and more.
“I read your Ask the Experts regarding exchange-traded funds (ETFs) and 403(b) plans, but what about collective investment trusts? Are they permissible investments in 403(b) plans?”
Jackson Square Partners offers mutual funds for institutional investors, Russell and Envestnet partner on new QDIA offering, and more.
Oppenheimer unveils new infrastructure fund; SEI adds Real Assets Multi-Strategy Fund to CIT; Morningstar ‘Framework’ Helps Glide Path Decisions, and more.
CITs have been made more accessible for small to mid-size retirement plans.
Brinker Capital Destinations has partnered with Guardian to deliver a new CIT-based qualified default investment alternative to retirement plan clients.
S&P Dow Jones Indices adds retirement income indexes; Northern Trust Asset Management reveals its next generation of target-date funds; and Beaumont Capital reveals a defensive TDF alternative.
The index is the basis for the Endowment Collective Investment Fund (CIF), used by DC plans.
BPV Capital Management partners with AJO and SEI to launch large cap value CIT; Prudential Investment Management announces name change.