Target-date funds had a solid second quarter, according to Ibbotson's latest review.
Large-cap, emerging market and real estate equities gave TDFs their boost, a 3.8 percent return on average for the quarter.
Ibbotson's report on the quarter said that flows into TDFs continued at a healthy clip, in spite of signs that the market may be maturing. Total assets in the funds were over $690 billion at the end of the quarter, a 27 percent increase over last year's second quarter.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
