In a move that was largely anticipated by the market, the Fed announced another interest rate hike of 25 basis points. We believe the announcement allows the Fed to revert to a more dovish stance going forward and let the market guide expectations as to the appropriate pace of further hikes.
Paul Zemsky, CFA Chief Investment Officer, Multi-Asset Strategies
How should Plan Sponsors think about evaluating Target Date Funds? In our new brochure, we offer a comprehensive approach for selecting the fund that best matches the needs and characteristics of the plan and its participants.