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Monday, October 04, 2010|
Which Mutual Funds Dominate the 401k Business?
BrightScope has widened its gaze to start ranking mutual funds in terms of 401(k) assets. Mike Alfred and Ryan Alfred (CEO and president, respectively, and also brothers) confirmed that the San Diego-based retirement plan ratings specialist just created a list of the top funds in 401(k)s. Fundsters should keep their eyes peeled for more I-O-related efforts from BrightScope.
The list, based on 2007 and 2008 plan data (not just a survey) from more than 50,000 401(k) plans, includes:
Yet don't expect those rankings to stay static, as BrightScope will now be integrating the EFAS (i.e. electronically-filed) plan data for 2009 into its databases. The Alfreds hinted at significant potential for the new, I-O-focused data.
"When you have all this data, you can cut and slice it any way you want," Ryan Alfred told The MFWire.
Printed from: MFWire.com/story.asp?s=33612
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