Another fund company that specializes in active management isout defending its approach in target-date funds.

Boston-based MFS Investment Management has built its boutiquebrand on its active approach to management over 90 years.

These days, active advocates are competing againsta seemingly unending chorus of passive proponents, of course.

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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.