The Good, the Bad, the Ugly of Target-Date Retirement Funds (Take 15 Series)

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CFA Institute Take 15 Series
Source: CFA Institute

10 min, video podcast, recorded on 7 February 2012

Thomas M. Idzorek, CFA, is chief investment officer for Morningstar’s investment management division. He manages the research department and a team of PhD researchers and is responsible for the division’s overall research agenda, new product development, and adaptation of best-practices investment approaches. Mr. Idzorek also oversees the investment policy committee for the global investment management division and serves on Morningstar’s retirement plan committee. He has written numerous articles on asset allocation topics. Mr. Idzorek received a bachelor’s degree in marketing from Arizona State University and a master’s degree in business administration from Thunderbird School of Global Management.

This information is accurate as of the date of recording.
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Summary

Although target-date retirement funds are a ubiquitous retirement planning tool, their glide paths vary considerably from one provider to the next. Moreover, the glide paths themselves tend to change over time. Thomas M. Idzorek, CFA, discusses the problems associated with benchmarking these instruments and outlines a glide path stability score.

The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.
Topics
Performance Measurement and Evaluation
    :
  • Risk-Adjusted Measures
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Portfolio Management
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Private Wealth Management
    :
  • Risk Management
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