Tag: CITs

Art by Jackson Epstein

Investment Product and Service Launches

Voya Financial and Morningstar announce new adviser managed account program; BNY Mellon to launch first active ETF solutions; AFL-CIO collaborates with multiple entities to distribute CIT funds; and more.

Art by Jackson Epstein

Investment Product and Service Launches

Nationwide announces new suite of in-plan annuities; SC Ventures and Northern Trust to launch Zodia Custody; Wilmington Trust and Neuberger Berman collaborate on CIT distribution; and more.

Future Trends in CIT Product Development

Although collective investment trusts hold a fraction of the total assets in retirement plans, with ongoing changes in the broader intermediary landscape, they appear to be poised for continued growth.

Consider How CITs Can Fit Into Your Practice

Collective investment trusts (CITs) can help clients address fee pressures, support an increased focus on fiduciary obligations, provide a means to build white-labeled investments and more.

CITs Fit Well With Best Interest Service

Among the attractive but less-often-discussed features of collective investment trusts is the fact that the sponsoring trustee—a bank or trust company—must commit to acting in the best interest of unit holders.