Northern Trust expects relatively steady economic growth, controlled inflation and accommodative monetary policy.
Forty percent say information about fund fees is “very important” when selecting a mutual fund, ICI found in a survey.
Target-date fund designs should take into account the risks retirement plan participants face—how to correlate and corral the evolving sources of market, event, longevity, inflation and interest rate risks.
There is some lingering uncertainty about the role of smart beta institutional investing, as more than 50% of asset owners in the U.S. say they remain uncertain on the best approach for their particular purposes.
The TDF series also takes a liability-driven investing approach to providing adequate retirement income.