Target Date Funds
topic on 3 shows · 7 statements across 5 episodes
BigDeal 
Capital Allocators 
20VC
7 statements about Target Date Funds, every show
Hammer: Target-date funds get conservative too quickly but work for average investors
“It gets a little too conservative, too quick for most people, a little too bond heavy, but either way, it's good for the average person because it'll balance and they're not going to balance themselves.”
Kelly: 401(k) Plans Will Inevitably Integrate Alternative Assets
“Ultimately, we will see more partnerships between traditional asset managers and alternative asset managers that create structures like collective investment trust to be put into target date funds and for one K plans that have a mix of Liquid traditional inves…”
Mogelof: 40% of DC assets are in target date or managed accounts
“If you look at where we are today, roughly 40% of all DC assets are in some type of investment solution, whether it's a Off the shelf target date fund, a custom target date fund, or some sort of managed account.”
Mogelof: Over 60% of new DC inflows flow into target date funds
“I should mention, north of 60% of all new flows in DC are going into target date funds.”
Mogelof: Asset managers won't add private markets to existing target date funds
“One is you can have these asset managers use their existing target date funds and add alternatives to them. I personally think that's highly unlikely, and as a matter of fact, as you talk in the industry, it's pretty apparent that that's not the avenue.”
O'Driscoll: Venture capital cannot fit into liquid target-date retail funds
“One thing we know about venture is you can't target your return date, right? If you could, it would be easier. So it's a hard asset to fit into a liquid Individual portfolio, and I think they'll try. I think it'll be hard.”
Portnoy: Target date and defined contribution funds produce better behavioral outcomes
“We know that people who are in target date funds And who are in sort of the institutional or defined contribution share classes of big funds tend to have better behavioral outcomes than those who are in the daily discretionary versions of the exact same funds.”