Publication Content

Target retirement date funds—also called lifecycle funds—are an important innovation in retirement savings. They provide an efficient way for a shareholder to invest in a mix of asset classes through a single fund that both rebalances its asset allocation periodically and becomes more...

Enhancing a Culture of Independence and Effectiveness Making a Strong System Even Stronger The fund industry’s corporate governance system has succeeded in keeping the industry free from major scandals. Nevertheless, this system, like any other, must periodically be reexamined to...