A new research study projects that custom target-date strategies will account for 22 percent of 401(k) target-date assets by 2016.
Cerulli Associates of Boston, released this finding in "The Cerulli Report: State of Large and Mega Defined Contribution Plans: Investment Innovation and the Plan Sponsor Perspective."
The Cerulli report pegs the value of custom target-date fund assets in defined contribution plans at $218 billion in 2016, up 370 percent from the $46.4 billion posted in 2011.
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