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business woman Cerulli research indicates that while 81.8 percent of asset managers currently have multi-asset allocations included in their default fund offering, 50 percent of respondents plan to increase the allocation to multi-asset over the next one to two years. (Photo: Shutterstock)

In the U.K., asset managers are “designing default funds that accommodate all three of the options available to retiring defined contribution members,” according to The Cerulli Edge —Global Edition.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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