The evolution of lifecycle investing: personalised overlays
By Wade Matterson
31 January 2012
Target date funds, initially developed for the North American market in the early 1990s, were based on a simple but effective premise—that investment strategies need to take into account an individual’s circumstances, based on a range of factors such as their objectives, age and time horizons.
This paper investigates the current state of play with respect to these options and where they are headed.