Asset Allocation
New Champs: Index Funds Edge Past Actives in Stock Market Share
Better performance and lower fees lead to switch. Demographics, too.
The institutional investor joins firms such as JPMorgan in mobilizing around the relief effort.
Funding level falls to 95% from 97%.
Pensioenfonds Detailhandel, citing new FTSE-BlackRock benchmark, cuts nearly one-third of its public equities.
Move expected to bring initial passive inflows of $10 billion.
96% of executives surveyed in the sector expect steady or growing revenue in 2017.