MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, April 26, 2011 Target Date Fund Flows Near a Record Fundsters interested in asset allocation products and retirement plans may want to take a look at a new report from Ibbotson. Yesterday the Morningstar subsidiary unveiled its "Target Maturity Report" for the first quarter of 2011. According to Ibbotson, open-end target date funds brought in $16.6 billion in the quarter, a seven percent year-over-year jump and the second highest inflows yet (behind the pre-crash $17.3 billion lured in back in Q4 2007). Both InvestmentNews and AdvisorOne picked up on the report, which was penned by Morningstar Investment Management global chief investment officer Tom Idzorek and Ibbotson senior consultant Jeremy Stempien. The report also covers target date funds' performance and Morningstar's target date fund ratings. Printed from: MFWire.com/story.asp?s=36634 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |