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Fed Leaves Rates Unchanged This Week
This week saw one of the more widely anticipated Fed announcements in recent years as investors looked to see if the “zero” interest rate environment would begin to be put behind us. As was widely publicized yesterday, the Fed elected to do nothing based upon concerns of an economic global slowdown. First Trust’s economic team issued a report that provides the text of the Fed’s statement, along with their... -
Private and Community Foundations Report Lower Returns for 2014
The 2014 Council on Foundations-Commonfund Study of Investment of Endowments for Private and Community Foundations Study™ released recently shows that private foundations reported a 6.1% return for fiscal year 2014 while community foundation portfolios returned 4.8%. These returns declined from 15.6%, and 15.2%, respectively from 2013. Lower returns for domestic and international equities were the primary driver of the reduced results. Of the alternative strategies in the private foundation... -
Study: Managed Account Use In 401(k) Plans Adds Value
Employee Benefit Adviser is reporting the benefits that participants are suggesting that they gain through investing in managed accounts in their 401k plan. While overall usage is low, participants using them are realizing value, either in higher projected retirement wealth, lower risk exposure, or better diversification. The article was based upon a recent study by Vanguard. The entire article can be viewed on the EBA website.