News Flash- Stable Value Popularity Continues on Strong Path
September 1, 2003
The market may be recovering and equity fund investing perking up, but stable value is still popular if sales at AEGON Institutional Markets are any indication. The company reported sales of $6.3 billion in the first six months of 2003, a 12.5% increase from the $5.6 billion worth of stable value products it sold in the same period in 2002.
Stable value allocations within 401(k)s are up 27%, almost double their 17.5% level two years ago, according to Hewitt Associates.
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