Can factor investing help target date funds achieve their objectives? Explore how carefully selected smart beta exposures can be implemented within the glidepath to seek additional return for younger participants and reduced volatility near retirement.
Arguments against the ability of active strategies to outperform market benchmarks fail to differentiate the many active management approaches available to investors. A recent ClearBridge analysis identifies turnover rate and number of holdings as determinants of performance among active strategies.
The Participant Magazine, State Street Global Advisors Defined Contribution flagship publication, takes a deeper look at longevity in this special issue. It explores how increasing human life spans are creating new opportunities and challenges for retirement savers.
A Northern Trust sponsored survey of 200+ asset managers and investors reveals evolving priorities around transparency and risk, as well as a need for industry consensus with regard to governance. Gain insights into alternatives and download the paper today!
Investors in EM debt have traditionally pursued bonds issued in an advanced country's currency, but today there is a more robust sector of locally denominated bonds. We believe this sector features more attractive risk/reward characteristics than ever before.
This paper examines the philosophical and fundamental underpinnings for the creation of the WisdomTree fundamentally weighted Indexes, showcases the impressive performance track record generated, indicates the factors we believe drove performance, and concludes with how we think these strategies fit into the U.S. equity market context today.
With the significant improvement of human lifespan, traditional retirement thinking does not adequately take into account the need for providing for the tail end of the lifespan in the form of a stable stream of retirement income.
What is driving the rise of populist parties in Europe, the election of President Trump, Brexit? We explore these issues alongside social and cultural changes globally and consider the implications for the future of globalization and for markets.
A new political and economic landscape is changing investors’ priorities and approach. The Schroders Global Investor Study shows that a focus on investment outcome rather than relative return is fuelling a significant rise in multi-asset and smart beta investing.
In A different kind of target-date investor, from Vanguard Center for Investor Research, authors examine how participants become mixed target-date investors, determine if the concerns raised about mixed target-date investors are valid, and suggest measures to avoid such risks.
Research has found that asset allocation is the key driver of return variability for a diversified portfolio. Vanguard offers clarity with two questions: How does asset allocation affect risk/return expectations? And how much home bias is reasonable?
The majority of retirement-age DC plan participants leave their plan within five years of separation from service. Participants are more likely to remain when plans permit flexible distributions, having implications for target-date fund design and retirement income programs.
Investors are increasingly making decisions based on short-term market trends due to the role of incentives, the media, financial reporting, and other decision-making biases. But there are opportunities for differentiated performance when investors hold securities for longer periods.
What happens when longer retirements meet lower returns? DC plan participants need action and guidance to prepare. Explore BlackRock’s The Changing Equation: Building for Retirement in a Low Return World.
New tools from Vanguard can help determine if plan participants could benefit from a glide path designed for unique participant populations. Vanguard explains the inner workings of their proprietary model for glide path construction.
The age of DB may be over but many of its principles can be used to improve DC plans. BNY Mellon has revealing insights into how DC plan sponsors are drawing on DB best practices to increase efficiency.
As DC plans increasingly replace defined benefit plans, responsibility for retirement readiness has shifted to employees. Auto-enrollment and auto-escalation help, but how else can we prepare participants to shoulder responsibility for their retirement outcomes?
The Department of Labor set a clear framework for defining when communications to retirement plan participants and IRA owners constitute advice. Knowing where the line is drawn between communications that trigger fiduciary status and those that do not will be an important element in managing your fiduciary risk exposure.
QMA discusses the characteristics of different types of active equity managers and examines the advantages of combining a quant approach with indexing. We also consider the implications in target date funds and how fulfillment choices impact retirement savings and income.
Prudential Retirement commissioned a survey that asked plan participants their thoughts on plan design features. This whitepaper takes an in-depth look at the findings and suggests ways for plan sponsors to better meet participant needs and expectations.
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