CIT Adoption Moves Down Market as DC Plans Continue to Evolve
The largest DC plans wield immense influence on the overall market. Only 1,092 plans oversaw more than $1 billion in assets at the end of 2023, according to the ISS MI MarketPro Retirement Defined Contribution database. Even as they represented a mere 0.1% of DC plan count, they accounted for nearly a third of all DC participants and controlled over half of DC assets.
Large Blend Leads CITs and SMAs in Q1 2025 Fund Flows: Total Market Highlights, Part 2
Large Blend acted as the top inflow-gathering category across multiple vehicles in Q1 2025, including retail SMAs, CITs, and ETFs.
ETFs Lead $512B in Net Inflows as CITs Boost Net Commitments: Total Market Highlights Q1 2025, Part 1
Passive ETFs continued as the largest contributor to net flows at $276.5 billion, having gathered $452.8 billion the prior quarter. Active ETFs meanwhile grew net inflows from $103.0 billion in Q4 2024 to $119.6 billion in Q1 2025.
CIT Assets Reach New Heights: Exploring the US $6tn Opportunity
Collective investment trusts have aggressively pursued opportunities within retirement channels that were historically built around, and provided greater protection for, mutual funds. Data from Simfund found assets in CITs crossed US$6.1 trillion in September 2024.
Windows into Defined Contribution, Q2 2024
CITs have accounted for a majority of passive DC assets since 2014 and grew to 61% by the end of 2022 for a total of $1.6 trillion in AUM.
Windows into Defined Contribution, Q2 2023
The more fragmented nature of the advisor-sold market has helped mutual funds hold on as a default choice, as CIT providers must seek out a larger number of plans to account for the same level of assets.
DC Plans Push Through Downturn, Prepare for Bounceback
Collective Investment Trusts have translated marginal advantages, particularly in cost, into significant increases in market share, ultimately capturing a plurality of DC plan assets as of the end of 2021.