March 15, 2010 – A mere 30-basis point difference can mean more than $115,000 over 30 years.
It's about time mutual fund product developers thought out of the Morningstar investment-style box to give portfolio managers the ability to do an about-face. One of the most critical discussions to come out of the financial crisis has been the questioning of the rigid investment mandates of mutual funds and the soundness of 60-year-old modern portfolio theory-since correlations between investment classes are obviously becoming more intricately woven in the global economy of the 21st century and the markets are prone to increasingly higher volatility and risk.
Exclusive data on top players in capital markets
Vice Chairman and Portfolio Manager
Firm: Loomis, Sayles & Co.
A new study by the Employee Benefit Research Institute finds that a growing percentage of Baby Boomers may be counting on working longer and retiring later in order to make up for a savings shortfall.
Current Issue| On the target date; that's what it stands for | 0% |
| 20 years after the target date; retirees might run out of money otherwise | 0% |
| Target-date funds should always maintain exposure to equities | 100% |