Nelson Wang

Custom target-date funds are proliferating at the expense of their off-the-shelf counterparts, in part because plan sponsors want to have greater control over what's in a fund and have access to a wider array of investments to put in them.

Custom target-date funds are beginning to proliferate at the expense of their off-the-shelf counterparts, in part because plan sponsors want to have greater control over what’s in a fund and have access to a wider array of investments to put in them.