How well are you preparing your employees for a secure future? Are you actively working to build a retirement-ready workforce, or have you left your plan on autopilot? If you haven’t checked in a while, you may be missing out on important services, trends, and cost efficiencies! Review this checklist to find out where paying a bit of attention can pay off for you and your participants. Read more
After strong financial market returns in 2017, many endowments and foundations have continued to increase their effective spending rates since 2015. According to the 2017 National Association of College and University Business Officers (NACUBO) annual study, average spending rates among university and college endowments rose in fiscal 2017 to 4.4% from 4.3% in fiscal year 2016. Institutions with endowment assets of more than $1 billion accounted for the largest increase in spending rates with a spending rate of 4.8% (compared with 4.4% in 2016), with smaller endowments rising slightly.
There are nearly 20,000 U.S. equity mutual funds in the market, and about 2,300 ETFs. The irony is that there are only 3,492 U.S.-headquartered companies that are publicly traded, active, and available for investment (as of 12/31/17). This means there are more than six times as many equity products as there are equities! Read more