What Asset Managers Should Know About Collective Investment Trusts (CITs)
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Are you thinking about launching a collective investment trust (CIT) to reach the retirement plan market? Asset managers should consider more than potential cost savings such as trustee oversight, operational requirements, and demand for the investment strategy.
In this episode, Paul Fahey, Head of Strategic Partnerships at Northern Trust, speaks with Ryan Dargis, Service & Strategy Enablement, at Northern Trust, about evaluating collective investment trusts. Ryan explains how trustee oversight works and why unregistered funds still have regulatory obligations. They examine daily valuations, recordkeeper connectivity, and the responsibilities that remain with an asset manager using a third-party trustee.
Ryan also describes why feedback from plans and intermediaries can help shape a fund’s distribution approach before launch.
Listen to the full episode to explore the governance, operational, and distribution considerations asset managers should evaluate before launching a CIT.
Connect with Ryan Dargis: