In focusing on more specific industry trends, the research also found that nearly half of the companies (45 percent) polled were launching or planning to participate in a Models Only program. Some 48 percent had not yet decided whether they would participate in such a program, while just six percent answered they would not be involved in such an initiative. These results confirmed the growing interest in Models Only initiatives.. Other notable findings included:
â¢ One in five respondents plan to expand their managed account offerings to include investments in foreign stocks, international mutual funds and index funds and/or international ETFs
â¢ 45 percent of those surveyed believe the recession will last for at least another year
âFiserv has always been first and foremost committed to meeting the needs of our clients, especially during such a turbulent time. Market research gives us a better idea of what our clients want and need to excel,â said Cheryl Nash, senior vice president of strategic marketing and business development for Investment Services from Fiserv. âIt is clear companies are looking at Models Only and ETFs and we are working to accommodate our clientsâ interest in these particular areas among others in 2009.
â Investment Services from Fiserv reinforces Fiserv's processing services core competency and is the leading platform provider for managed solutions including Separately Managed Accounts (SMAs) and Unified Managed Accounts (UMAs). Fiserv is the leader in portfolio management technology solutions, providing an innovative, holistic approach designed specifically to meet client needs.