RESEARCH |
2015
DCIO Survey
Each year since this survey’s inception in 2012, investment managers have reported increased asset levels in their Defined Contribution Investment Only (DCIO) businesses. Although the names of the firms participating in the survey have changed somewhat, we can report that the 37 managers on this year’s list enjoyed a nearly $230 billion (8%) increase in DCIO assets from year-end 2013 to year-end 2014, and a $63 billion (2%) increase in just the three months between 12/31/2014 and 3/31/2015.
Reported by PLANADVISER
Providers
Calvert Investments
| TOTAL DCIO ASSETS ($MM) | |
|---|---|
| Q1 2015 | $3,405 |
| Year ending 12/31/2014 | $3,352 |
| Year ending 12/31/2013 | $3,395 |
| TOP DCIO FUND | |
|---|---|
| Fund name | Calvert Equity Portfolio |
| Fund assets ($MM) | $1,196 |
| Portfolio manager | Richard England, Atlanta Capital Mgt |
| Start date | 2006 |
| DCIO ASSET BREAKDOWN (does not include “other” categories) | |
|---|---|
| Mutual funds | 100% |
| Collectives | 0% |
| Separate accounts | 0% |
| Stocks | 63% |
| Bonds (excluding stable value) | 21% |
| Stable value | 0% |
| Money market | 0% |
| Asset allocation* | 16% |
| % Active/Passive | |
| ADVISER SUPPORT/SERVICES | |
|---|---|
| Salespeople focused on advisers | 2 |
| Salespeople focused on institutional | 1 |
| Compliance support | |
| Plan benchmarking | |
| Target-date evaluation tools | |
| Training for DC plan sales/service | |
| Investment committee meetings | |
| # OF RK SELLING AGREEMENTS | 81 |
|---|
| *Target-date, target-risk, balanced. |