The market may be recovering and equity fund investing perking up, but stable value is still popular if sales at AEGON Institutional Markets are any indication. The company reported sales of $6.3 billion in the first six months of 2003, a 12.5% increase from the $5.6 billion worth of stable value products it sold in the same period in 2002.

Stable value allocations within 401(k)s are up 27%, almost double their 17.5% level two years ago, according to Hewitt Associates.

Copyright 2003 Thomson Media Inc. All Rights Reserved.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.