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, June 19, 2012 NYTimes asks: How Much Risk Should a TDF Take? In his New York Times "Your Money" column this week, columnist Rob Lieber peers under the hood of target date funds. He compares the allocation strategy that Wells Fargo [profile] uses for participants close to retirement -- conservative and bond heavy -- with the one pursued by managers at T. Rowe Price [profile], which allocates more aggressively, and he wonders which is the right approach. Lieber offers insight from Global Index Advisors' Jim Lauder, who PMs the Wells target date offerings, and T. Rowe target date PM Jerome Clark Lieber doesn't offer a verdict on the Wells Fargo vs. T. Rowe Price debate, but he notes that both retirement-services providers have a small share of a market dominated by Fidelity [profile] and Vanguard [profile], both of which stand somewhere between Wells and T. Rowe in their appetite for risk. “No fiduciary,” Mr. Lauder said, “ever lost their job by recommending a Vanguard fund.” Printed from: MFWire.com/story.asp?s=40354 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |