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Collective Investment Trusts Make a Comeback Within 401(k) Plans
US Banker
Mar. 1, 2010
Excerpt: [T]he market's turmoil ... , along with some high-profile lawsuits, has turned a spotlight on mutual funds' pricing, and that has spurred a resurgence in a product that many 401(k) plans had historically neglected: collective investment trusts. That's good news for banks, since CITs must legally have a bank or trust company as a trustee.
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