On May 27, Deutsche Asset & Wealth Management liquidated the assets of its X-trackers target-date fund series consisting of five all-ETF funds.
Over the long term the two types of funds have similar returns, Morningstar finds.
Actively managed and passively managed target-date funds produce similar investment returns over longer time frames, new research shows.
2014 decline marked sixth-straight decrease, according to Morningstar's annual survey.
Attorney says 'judge got it wrong' in deciding in favor of the mutual fund giant.
Knowledge about diversification, restrictions and concern about lawsuits drive decline.
Existing products don't fit within the broad regulatory guidelines governing a lifetime income option that contains a deferred annuity offered within a target date fund.
DOL tip in 2013 prompts plans to take a look at how the funds fit.
New York City Retirement Systems terminated two Pimco bond strategies — one mortgages and one government securities.
Most loan takers are in their 40s, earning $40,000 to $60,000 a year, report finds.
