Participants in defined contribution plans intend over the next two years to increase the proportion of their investments in equities and fixed income assets, according to a new survey.
This finding was disclosed by eVestment and Casey, Quirk & Associates in their 8th annual consultant survey, which is based on responses from more than 65 global investment consultants representing $3.7 trillion in assets under advisement. For the first time, more than 135 institutional investors, accounting for $1.6 trillion in assets under management, also responded to the survey.
The survey shows defined contribution plan participants increasing their allocation of equities to 51 percent in 2016 from 41 percent in 2014. Similarly, their investment in fixed income assets is expected to rise to 23 percent in 2016 from 14 percent this year.