500 Largest Asset Managers Increase Assets by 10.2% in Past Year
The Thinking Ahead Institute’s report found that assets at the Top 500 asset managers hit $131 trillion in assets under management in 2021.
Despite rising inflation and falling markets, savings remain high among 401(k), 403(b) and IRA participants.
The SECURE Act has lifted barriers and made it easier for firms to offer annuities in retirement plans.
A Fidelity study also finds female investors outperformed men by 40 basis points over the past decade.
Despite economic fallout from the pandemic, defined contribution plan balances remain strong.
Almost 1 in 3 of them are heading into retirement equity-heavy, fund house finds.