It was the first time in the more than 20-year history of the Alight Solutions 401(k) Index that this happened over the course of an entire month.
Tag: stable value
Ten years after the Great Recession, there continues to be a great focus on the best way to handle capital preservation on the DC retirement plan menu.
When trades were made, there was a continued movement away from equities into fixed income.
The flows went primarily to bond, stable value and money market funds.