International funds reel in 401(k) money; Stable-value funds, U.S. large-caps see outflows, data show.(News)

Investment News, March, 2006

Byline: Liz Skinner WASHINGTON - Lured by the siren's call of international and emerging markets, more investors are taking increasing risks with their retirement funds. Americans moved about $575 million within their 401(k) retirement accounts into international and emerging-markets investments during the first two months of the year, mostly at the expense of stable-value funds, according to Hewitt Associates LLC.

The Lincolnshire, Ill., firm tracks 401(k) transfers at large corporations. Within 401(k) plans, U.S. large-caps also have seen outflows. Participants moved about $218 million of their retirement plan money out of such investments during the first two months of the year and about $775 million since 2003, according to Hewitt data. ...

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