International indexed equity assets rose a market-adjusted 14.5% in the six months ended May 31, while domestic indexed equity assets slipped 0.5% on a market-adjusted basis, a Pensions & Investments' survey shows.
In fixed income, the results are the opposite. Domestic fixed-income assets grew a market-adjusted 12.4%, while international indexed bonds took a big hit, falling 39.8% on a market-adjusted basis.
Indexed assets of all fund managers reporting as of May 31 totaled $730.3 billion. And indexed assets managed for defined contribution plans are showing a steady increase, up almost 33% in a year.