401(k) Trading Spiked at End of February
As the markets tanked amid fears of a worldwide coronavirus outbreak, the last week of the month was among the busiest stretches in the 20 year-plus history of the Alight Solutions 401(k) Index.
As the markets tanked amid fears of a worldwide coronavirus outbreak, the last week of the month was among the busiest stretches in the 20 year-plus history of the Alight Solutions 401(k) Index.
Investors continue to favor fixed income, the Alight Solutions 401(k) Index finds.
It was also the 18th month in a row that net trades have moved from equities into fixed income
American Century to offer ETFs with ActiveShares methodology, and Morningstar reveals global suite of bond indexes.
Principal Financial Group launches the Principal Guaranteed Option, while Charles Schwab introduces subscription pricing for robo-advice.
BNY Mellon rebrands retail side; Hartford Funds introduces securitized income fund; DWS Group launches equity ETF with Finland insurance company; and more.
Sixty-four percent of participants in their 20s own a TDF.