After Three Decades, Target Date Funds Are Still Working on Their Track Records

“In target date funds, I do think derivatives have the ability to help manage short-term risks and therefore keep employees in the funds and resist the temptation to jump into cash and time the market.” MPI’s President Jeff Schwartz was quoted in Michael Shari’s Global Association of Risk Professionals (GARP) article on use of derivatives in TDF. His quantitative insights appear in the story alongside comments from David O’Meara, head of defined contribution investment strategy at Willis Towers Watson.