A report by Casey Quirk & Associates predicts that target-date funds will make up nearly half of all assets in defined-contribution retirement plans by 2018. The report said the funds will attract 80% of new and reallocated assets between now and 2018. "Target date funds will grow large enough to not only change how asset managers approach the defined-contribution marketplace but also which managers will succeed at growing their 401(k) businesses," David J. Bauer, a co-author of the report, said in a statement.

Related Summaries