Tag: collective investment trusts

The bill introduced to Congress is designed to ensure public sector and nonprofit retirement plans have the same access to low-cost investments as for-profit retirement plans do.

The investment firm will be shifting all of its focus to its CIT target-date series.

Mesirow Financial presents third mutual fund and managed account program, and MSCI builds indexes to track long-term megatrends.

“We’ve heard the need for these investment options in 403(b) plans from advisers, consultants and plan sponsors for decades,” says Bruce Corcoran, managing vice president/head of 403(b) Business...

The two entities look to encourage CIT adoption among investors, a move that they say has stalled due to low awareness of the funds.

Morningstar releases goals-based planning solution; Schwab adds account conversion feature to portfolios solution; and AssetMark to offer Savos personal portfolios.

While they have grown at a compound annual growth rate of 7.25% a year in the past five years, if advisers were better educated about them and if...

Man Group releases ESG analysis tool; Prudential Capital Group renames global investment business; Schwab expands ETF OneSource Program; and more.

A BrightScope/ICI study also found collective investment trusts (CITs) accounted for a larger share of assets in larger plans than smaller plans.

This is driving providers to offer inexpensive options, such as series that rely on CITs and passive funds, Morningstar says.

The CIT product information database was created in collaboration with Broadridge Advisor Solutions and is designed to support the client service needs of financial advice professionals.

Nearly half owned their funds only through their employer-sponsored retirement plans, according to the ICI.

Lockwood Adds Expansive Model Portfolios to Managed Account Platform; Capital Group Adopts PFaroe; PGIM Lengthens ETF Space with Second Actively Managed Fund; and more.

Cerulli says retirement specialist advisers are becoming more knowledgeable about and comfortable with CITs, and the research firm expects CITs will continue to expand their share of 401(k)...

Vanguard research questions whether the risk-matching precision of SMAs is worth the cost and complexity.

MassMutual Introduces New TDFs; J.P. Morgan Updates TDF Selection Tool; and Krane Funds Advisors Creates CIT for Retirement Plans.