Stable value fund industry players met in Washington, D.C. this week in what should be a more attractive interest rate environment for the tax-qualified-only retirement plan investment vehicle.
The Stable Value Investment Association ran the event, with sessions focused on how interest rates, demographics and politics will affect the market for stable value funds, a capital-preserving defined contribution investment that includes an insurance-backed guarantee. The industry has been challenged in recent years, as the Federal Reserve hiked interest rates, making money market funds a more attractive option than stable value for many investors looking for a conservative investment with a solid return.
