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Sionline's Executive Insights provide timely and informative
commentaries on topics critical to the fund
business. Written by Strategic Insight's
research team, they draw from our published
reports, client work, and observations of
recent trends and news in the industry.
Subscribers can select from the latest
Insights below or from the list
of all Executive Insights.
All reports are in PDF format [download
Acrobat Reader]
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Benchmarking the Management Fees of Sub-Advised Funds |
2/12/2008 |
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Sub-advised funds already hold $1.7 trillion in assets and investment management outsourcing by fund companies continues to expand. In this report, we present the results of our study comparing management fees of sub-advised funds to those of non-subadvised funds. We found sub-advised funds to be consistently structured with somewhat higher management fees. The universe for our analysis included all sub-advised funds, whether traditional open-end or variable annuity-underlying. Another theme we focus on in the article is “retained advisory fees” within sub-advised funds and how they change over time and across investment categories.
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A Perspective on Stock Mutual Fund Redemption Patterns |
1/21/2008 |
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The recent sharp declines in stock prices worldwide and the possibility of further market deterioration may once again lead to apprehensions about an elevation in stock mutual fund redemptions and their impact on specific fund management companies and the financial system overall. Against this backdrop, we wanted to share with our readers once again the reassuring empirical evidence suggesting that redemption spikes after stock market price declines have historically been limited in scope and short-lived.
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Retirement Investments in Mutual Funds: An Update |
10/30/2006 |
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In this Executive Insight report, we review new investments and flows coming into mutual funds from retirement investors. Included as a supplement to the report is a historical summary of the “Sources of Mutual Fund Assets and Flows”, since 1998, by type of account (DC, IRA, VA, and taxable) and type of investment. Much of this base data is sourced from the results of ICI’s annual survey of retirement statistics.
We also discuss average asset allocation and account balances within the most common type of DC plan — 401(k) plans — besides touching on regulations proposed by the DOL just recently to implement certain provisions of the Pension Protection Act of 2006 relating to default investments.
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