MutualFundWire.com: 401(k) Participants Favor International, Fixed Income
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Thursday, November 11, 2004

401(k) Participants Favor International, Fixed Income


401(k) participants continued to shift their investments out of stock funds and into fixed income funds in October, according to a Hewitt Associates report.

Domestic stock outflows also went to international and emerging market stock funds and stable value and money market funds in October, reports Hewitt.

Total year-to-date outflows of domestic stock funds of $325 million roughly equal net inflows in international stock funds.

Participants' total assets in stocks were down to 64 percent from 65 percent at the beginning of the year.


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