While target-date funds seem to be generating most of the buzz these days, target-risk funds actually have more assets, according to a report by Morningstar subsidiary Ibbotson.
After the first quarter of this year, TRFs had an all-time high of $722 billion of assets under management, a 12 percent increase from a year ago, compared to $648 billion in AUM for TDFs.
That is despite the fact that for the first time since Q4 2012, target risk funds saw outflows of $1.5 billion in assets, mainly from conservative-oriented funds.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
