Russell Investments is adding a real asset stand-alone investment option to its $377 million 401(k) plan, said Richard Davies, managing director, defined contribution for its Americas institutional business.
The new investment option is one that Russell Investments offers to clients. It is a multiasset, multimanager portfolio that includes public infrastructure, real estate investment trusts and commodities.
With the addition of the real asset investment option, Russell's 401(k) plan will have 10 stand-alone investment options and a suite of target-date funds, said Kate Stouffer, communications manager, in an e-mail.
