JP Morgan Worldwide Securities Services has unveiled a new automated platform for daily cash allocation and rebalancing of target date funds. The Cash Allocation and Rebalancing Solution (CARS) will allow clients to implement an allocation strategy with any configuration of underlying investments.
CARS supports any investment product or pool. The platform enables pension sponsors, investment managers and consultants to design and implement highly customized solutions with flexibility, efficiency and control.
Click here for the release from Business Wire.