With domestic markets in turmoil, U.S. participants in 401(k) and other defined contribution (DC) plans are hungry to put their money into overseas investments, even though many European countries are struggling with the same issues the United States faces.
As the trend toward index funds for defined contribution (DC) grows, BlackRock Inc. announced Monday that it has expanded its menu of index mutual funds for defined contribution (DC) plans with the June launch of 10 new index funds.