Products November 14, 2012

Clark Capital Adds Three Portfolios

Clark Capital Management Group added three of its retail strategies to their roster of Navigator 401(k) Solutions.
Reported by

The Navigator investment options incorporate multiple asset classes and utilize experienced institutional managers, seek diversification and employ alternative and international investments to help meet participants’ long-term needs and goals. As with all of the Navigator 401(k) Solutions, the strategies can be accessed through any of the major open architecture trading platforms.  

The additions include: 

Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.

  • The Navigator Fixed Income Total Return strategy—a tactical approach to the fixed-income market to help drive income while attempting to reduce risk;
  • The Navigator Global Equity ETF (exchange-traded fund) strategy — a global asset-allocation portfolio designed for the more aggressive investor; and 
  • The Navigator High Dividend Equity strategy — focusing on high-quality domestic equities that demonstrate potential to generate and raise their dividends over time.   

“These strategies are designed to provide plan sponsors and participants with a range of investment choices and truly meaningful diversification,” said Harry Clark, chairman and chief executive of Clark Capital. “With the addition of these strategies, we can offer 401(k) plans portfolios that provide custom-tailored solutions for virtually every participant out there, regardless of individual risk tolerance or age.”

More information is at http://www.ccmg.com.

The Markets November 14, 2012

Caution Threatens Retirement Savings

Four years after the 2008 global financial crisis, a lack of faith in equity investing appears to be lingering.
Reported by

T. Rowe Price surveyed 850 adults ages 21 to 50 in the U.S. with at least one investment account and found that 61% believe investing in stocks is very important or important to helping them achieve their retirement savings goals. However, although half the investors (51%) surveyed say they have roughly the same tolerance for risk they had before the financial crisis, 37% indicate they are now refraining from investing in stocks because of current economic or market conditions.    

Risk aversion is also prevalent in investor attitudes toward fixed-income investing, with 76% of investors saying they are only somewhat or not at all willing to take on more risk to obtain a potentially higher yield.   

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

The good news is that with respect to their personal savings, 81% of investors say they are saving about the same or more than they were before 2008. 

“Investors have experienced a lot of market turbulence and tough economic times over the last several years, so it’s understandable from an emotional perspective that many of them—including younger investors—might be reluctant to invest in stocks,” said Stuart Ritter, CFP, senior financial planner with T. Rowe Price. “But people with decades to go before retirement need to do their best to block out the noise of the day and focus on the long term. For investors with a long time horizon and enough tolerance for volatility, stocks have always been the best asset class for growth potential and for staying ahead of inflation.”

«