Recent interviews with product development executives at Putnam and Charles Schwab show the aggressive steps brand name providers are taking to keep their edge in a highly competitive and unforgiving marketplace.
U.S. collective investment trusts assets have grown to roughly $2.8 trillion, according to Cerulli Associates; much of they money is in target-date funds.
Vanguard Increases Fixed
Income Fund Roster of ETFs; BNP Expands Partnership with Janus Henderson to
Include U.S. Services; First Trust Announces ETF
Launches; and more.
Many asset managers describe 2017 as a “tipping point” for collective
investment trust flows from DC plans, according to a new analysis from Cerulli
Associates.
“Distribution of standalone product has become more
competitive in the wake of commoditization and platform consolidation,”
according to a new analysis from Cerulli Associates.
New research from Northern Trust finds its largest plan sponsor clients have broadly embraced collective investment trusts, and more than half now use custom TDFs.
Mutual funds continue to be the investment vehicle of choice
among the 42 DCIO providers surveyed, while exchange traded funds are almost entirely
avoided.
New research suggests that total retirement assets in CITs have grown rapidly in the last few years and potential advantages can be very appealing for plan sponsors.
An analysis finds collective investment trusts (CITs) are
gaining momentum for their potential to lower costs and reduce portfolio
volatility, but obstacles remain with transparency and accessibly.
Conning Launches New Suite of Risk Management Software; Advisor Partners Releases Global High Quality Dividend Yield Strategy; Jackson Square Partners Offering Mutual Funds; and more.