target date funds

“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.”

“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.”

“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.”

“I should mention, north of 60% of all new flows in DC are going into target date funds.”

“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…”