Stable Value Funds Receive Increased Scrutiny
Just as the underlying investments in supposedly 'safe' money markets are receiving increased scrutiny, so too are the underlying investments in stable value funds.
New Hire Roundup: Prudential’s King Named SVIA Chair; Cambridge Promotions
This week in new hires, James King of Prudential Retirements Stable Value Markets Group was elected as SVIA chairman of the board, and Cambridge announced several internal promotions.
Stable Value Fund Inflows Surge During August Volatility
Investors flocked to stable value funds in an effort to smooth volatility experienced in August, apparently seeing them as a higher-yielding alternative to money markets.