Posts Tagged by Product
|April 4, 2012||Filled under releases, United States||
Dacor Announces High Performance Cleaning Powers and Convenient Features in the New Distinctive 24″ Stainless Steel Dishwasher
The exterior of the 24” dishwasher is constructed with fingerprint-
It’s not just the appearance of the stainless steel dishwasher that pay tribute to its distinctive image, but also the practical, user-friendly features that meet the needs of today’s families. Like many other products offered from Dacor, the Distinctive 24” Dishwasher is ENERGY STAR® qualified. The WhisperWash™
The stainless steel dishwasher provides top-quality cleaning thanks to the novel 7-Part PureClean and 3-Part PureFiltration™
The Distinctive Dishwasher has quick and easy out-of-the box installation and carries a one-year warranty on parts and labor as well as a 25 year rust-through warranty on the stainless steel tank and door. All of these features come at an affordable price for the value-conscious homeowner.
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|March 7, 2012||Filled under releases, United States||
The lifecycle investment product market increased to $842 billion as of year-end 2011, representing an 8% increase since the close of the third quarter and a 5% increase from the end of 2010, according to Strategic Insight.
The lifecycle investment product market increased to $842 billion as of year-end 2011, representing an 8% increase since the close of the third quarter and a 5% increase from the end of 2010, according to Strategic Insight, a business intelligence provider to the global fund industry. Lifecycle products (including both mutual fund and variable product) drew net inflows of $11.6 billion in the fourth quarter of 2011.
Lifecycle Mutual Fund Breakdown
Mutual funds made up approximately two-thirds (or 68%) of overall lifecycle assets, and garnered $7.2 billion during the fourth quarter. Target date mutual funds returned 6.85% on a weighted average basis over the quarter, and netted $9.1 billion in flows. Although target risk mutual funds returned 6.23%, they experienced the second consecutive quarter of net outflows, with $1.9 billion of net outflows.
Target date mutual fund assets remained concentrated among the largest managers. As of 2011, the five largest target date mutual fund providers represented 84% of the market. Managers leading quarterly net intake for target date mutual funds included Vanguard, Fidelity, T. Rowe Price, TIAA-CREF, and JPMorgan Funds. In total, these five firms drew in $8.0 billion of net new assets.
The target risk mutual fund competitive landscape is notably less concentrated than its target date counterpart, with the largest five managers representing 44% of the $205 billion market. Top quarterly flow leaders included Fidelity, MFS, Manning & Napier, Franklin Templeton, and DFA.
“Target date funds continued to grow faster than target risk funds in the fourth quarter. Target risk funds saw net outflows in the last two quarters of 2011, ending the year with modest net outflows,” said Bridget Bearden, head of lifecycle research at Strategic Insight and author of the Lifecycle Fund Quarterly Update report for Strategic Insight’s FRC Division.
Lifecycle Variable Annuity Product Breakdown
Variable annuity products represented $266 billion of lifecycle assets, with nearly all (96%) of the assets residing in target risk strategies. The $255 billion variable target risk market attracted $4.0 billion of net flows, while posting net returns of 5.68% during the quarter. Variable target date assets grew 9.6% over the quarter to $11 billion.
Despite fewer than 10 firms active in the variable target date space, assets have grown by 31% on a year-over-year basis, driven by $1.4 billion of quarterly net new flows into the Prudential target date series. The largest five variable target date managers include ING, Prudential, Great West, Fidelity, and Lincoln.
Approximately two-thirds of variable target risk assets reside among the five largest players: Columbia, AXA Equitable, Prudential, John Hancock, and MetLife. These five firms combined netted $2.4 billion during the fourth quarter.
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|January 4, 2012||Filled under daily releases||
|December 19, 2011||Filled under daily releases||