Retail Investing AUM Will Likely Slow in Next 5 Years, But Sales Will Rebound
A forecast from ISS Market Intelligence shows overall retail investment assets down in the next five years, but with product...
Tag: Mutual funds
US Retirement Assets Hit Record $40T
Asset growth is led by an increase in holdings in IRAs and 401(k) plans.
Raymond James Fined Over Mutual Fund Monitoring
FINRA fined two of the firm’s subsidiaries a total of $1.8 million for allegations of failing to properly review mutual...
Mutual Fund Managers ‘Dodge Bullet’ on Swing Pricing
The SEC decided not to move ahead with what the mutual fund industry had argued would be a costly proposal to manage market volatility.
CITs ‘Inch Past’ Mutual Funds to Become Lead Target-Date Investment Vehicle
June 2024 data from Morningstar show collective investment trust target-dates make up about 50.5% of TDF assets.
Mutual Fund Fees in 401(k)s Have Dropped by More Than Half This Century
ICI data show the steady drop in mutual fund fees, even as the most popular 401(k) investment vehicle faces competition...
Vanguard Reopens Two Actively Managed Mutual Funds to New Investors
Vanguard has brought back its Primecap and Primecap Core funds, which were closed to new investors in 2004 and 2009,...
Investor Shifts Herald ‘Irreversible Decline’ for Mutual Funds
A Broadridge study shows the continued shift away from mutual funds to ETFs and stocks by individual investors; separate Simfund...
SEC’s Gensler Seeks to Clarify Mutual Fund Swing Pricing Proposal
The Chairman suggested that the regulator might opt for liquidity fees instead of swing pricing for open-end funds and also...
Alternative Reality
Alt investing in DC plans is still a dim possibility despite some solutions already in market, according to Cerulli.
Victory to Acquire Amundi’s $104B U.S. Division
The Paris-based asset manager Amundi will cede its U.S. business to Victory in exchange for a 26.1% stake in the...
401(k) World: DCIO Managers Adjust to Fee Pressures
The fourth story in this PLANADVISER In-Depth series considers how the rise of CITs and passive options have changed retirement...
BlackRock Heightens DC-Adviser Focus
Firm announces new resource center, and leader, to work across DC plan and financial advisement.
American Funds Maintains Largest TDF Inflows in 2023
The TDF manager brought $19.8 billion into its TDF investments in 2023, highest among U.S. managers.
MFS, Natixis Both Name New CEOs
Philippe Setbon will step into the Natixis job immediately, while Edward Maloney’s promotion at MFS will take effect in 2025.
Know the Risks Resulting From Swing Pricing, Hard Close Proposals
American Trust Custody’s COO explains why plan advisers and sponsors should prepare for an increase in plan costs if the...
Long-Term Investment Fund Assets Set to Rise After 2022 Dip
After a tumultuous few years of rising interest rates and market volatility, ISS MI sees a return to growth for...
Managed Accounts’ Default Use Limited by Litigation Fears, Fees
Plan advisers continue to pick TDFs in retirement plans, rather than more personalized managed accounts, in part due to legal...
Can ETFs Work in 401(k)s With Mutual Fund Rebranding?
F/m Investments has asked the SEC for the right to classify an ETF series as mutual funds to be accessible...
Aon, Astellas Pay to Settle CIT Conflict of Interest Litigation
A 2020 case over the performance of proprietary CITs ends with a settlement.