Partner Mark Boyko Discusses Fiduciary Duties Amid Market Volatility in PSCA Article 

In a recent article by the Plan Sponsor Council of America, Bailey Glasser ERISA partner Mark Boyko emphasizes the importance of retirement plan fiduciaries reassessing their investment line-ups in the face of recent market fluctuations and tariffs.

Mark, a leader in ERSIA class action litigation, advises that fiduciaries should evaluate whether their investment options align with their stated goals and objectives, particularly during downturns.

“If a specific investment offers ‘downside protection’ such as an actively managed fund, then that fund should perform better during a downturn,” Boyko said. In situations where a fund is meant to protect against losses but underperforms in both rising and falling markets, “you have to recognize that’s a situation where the fund manager has proven themselves to be unable to meet the goals of the fund,” he added.

For a deeper dive into fiduciary strategies amid market volatility, read the full PSCA article here.