The gap between investor returns and average fund returns persists across most asset classes--but there is a bright spot, says Morningstar's Russ Kinnel.
Fund giant also plans to launch lower-cost institutional series to expand its market reach.
Some strategies stay aggressive right up to target date while others dial down risk; each group has its reasons
While company retirement plans often have guardrails, investors can goof with contributions, investment selections, loans, and withdrawals.
New institutional funds to cost 10 basis points; firm also boosts international stake of multiasset offerings.
UPDATE: Don't give actively managed mutual funds their due
Morningstar's Allocation Fund Manager of the Year stands out with its attention to investor behavior, greater diversification, and tactical tilts.
DOL tip in 2013 prompts plans to take a look at how the funds fit.
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...
Properly levied, a performance-based fee puts shareholders and managers on the same side.