posted on 2024-11-01, 01:09authored byChing Hin Wong
The first chapter of this study shows why target-date funds (TDFs) have performed better in the COVID-19 selloff than in the 2008 selloff. The second chapter examines the relationship between managerial commitment and the heterogeneity in TDFs. The third chapter summarizes the recent development of the Australian lifecycle fund market.