Collective investment trusts could present opportunities for greater use in defined contribution plans.
According to research from Cerulli, while the notion isn't new, greater use of CITs during 2017 implies that asset managers might want to take another look at the idea.
In fact, Jessica Sclafani, associate director at Cerulli, says in the report that "Cerulli finds that even perennial cynics are beginning to see the distribution opportunity collective trusts present in the DC market. Many asset managers we spoke with describe 2017 as a 'tipping point' for CIT flows from DC plans."
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