Target Date Funds and the Ever-Evolving Glidepath

Dario Buechi analyzes how target date fund glidepaths have changed over the last decade in response to low expected returns and high inflation.

Will Boring Still Be Beautiful?

A simple, “boring,” glidepath beat a diversified one over the last 10 years. Will that continue?

Diversification: Where’s My Free Lunch?

Much of asset allocation work rests on the back of modern portfolio theory, which asserts that diversification stands as the lone “free lunch” offered up by the market gods. But in reality, the ascent of target date funds (largely built on modern portfolio theory) since the passage of the Pension Protection Act in 2006 has […]