
TDF Flows Jump 35%, but CITs Are Stealing Growth
Target-date funds were by far the top investment vehicle for retirement savers last year, but new research shows collective investment trust funds may be stealing flows.

Passive Mutual Funds Rising, but Won’t Overtake Actives due to DC Plan “Stronghold”
Passive mutual funds' popularity is growing among investors, but defined contribution retirement plans will help actively managed funds maintain their dominance over the next five years, according to ISS Market Intelligence.

Adviser Product Partnerships
Broadridge re-ups with IGM for broker wealth platform; Reverence Capital selects CAIS Channel for alt offerings; $25B RIA Sanctuary extends partnership with Wealthbox for client management; and more.

Alternatives Shine for Asset Managers Amid 60/40 Volatility
After the 60/40 portfolio failed to generate its usual stability in 2022, asset management firms suggest higher alternative asset allocations to achieve greater diversification.

Investment Service and Product Launches
Transamerica brings to market life insurance policy with guaranteed income option; J.P. Morgan app sends check deposits directly into IRAs; CAIA offers advisers digital assets online course; and more.

Half of 1M Robinhood IRA Savers Pick In-App Investment Recommendation
Online stock brokerage Robinhood said nearly 75% of more than 1 million users for its new IRA offering chose a Roth over traditional IRA.

Among Advisers’ Top Concerns? Another 401(k) Drop in 2023
A “state of the industry” report from recordkeeper Ubiquity finds financial advisers fear another year of poor investment returns that would hit client 401(k)s—as well as asset-based management fees.

Investment Service and Product Launches
The Standard Insurance launches four stable value funds; RightCapital adds SECURE 2.0 update to financial adviser planning platform; cryptocurrency platform Onramp Invest adds SMA solution; and more.

Doll Forecasts A ‘Shallow’ Recession in 2023
Market guru Bob Doll of Crossmark believes a mild recession is imminent due to the Fed’s continued monetary tightening to try and tame inflation.

Alternatives Get More Consideration Heading into 2023

Solving the Liquidity Factor for Alternative Investments in DC Plans

Market Nostradamus Doll Goes 7.5 for 10 in 2022 Predictions
The Crossmark investment leader’s self-evaluation turned up a passing grade for a rocky, and historic, 2022 in the markets.

Investment Service and Product Launches
Ameriprise testing retirement income planning service; Vanguard adds short-term tax-exempt bond ETF; Franklin Templeton starts ClearBridge sustainable infrastructure ETF; and more.

Investment Service and Product Launches
John Hancock launches equity income portfolios; RBC launches U.S. mutual funds with exposure to global markets; FundFront unveils third liquid alternative investment product; and more.

Investment Advisers Seek Talent Amid Staff Shortage
Investment advisers are prioritizing talent acquisition and retention due to client growth and strong business performance, according to Charles Schwab.

Vanguard’s Defection from Net-Zero Group Further Clouds ESG Investment Commitments
Vanguard left a net-zero asset manager initiative this week in a move emphasizing the different paths financial firms are taking on ESG.

Stock-Trading Platform Robinhood Launches IRA with 1% Match
Robinhood, which came to fame during the pandemic stock-trading boom, enters the retirement space via an IRA with an automatic 1% match.

Bear Market Draws Attention to Actively Managed Funds
Active and passive funds have both found success in retirement saving plans, but recent volatility is providing further analysis for a decades-long debate.

Asset Managers Scramble to Offer In-Demand Investment Vehicles
Asset managers are replicating existing mutual fund investment strategies in separately managed accounts and collective investment trusts to meet demand from retirement advisers and sponsors, according to new findings from Cerulli.

Fitch: SEC “Crack Down” on ESG Greenwashing to Continue
Retirement plan advisers should be aware both of SEC charges against those offering ESG funds, as well as the new DOL rule paving the way for ESG use in retirement plans, a consultant advises.