|
|
|
|
|
Target date funds are funds in which the portfolio manager chooses a specific date to allocate assets, in order to achieve a specific portfolio allocation upon the target date, while Life cycle funds, which are similar to target date funds, are designed for investors in specific age brackets. The reason these types of funds have been so popular in Europe (and are now gaining momentum in the US) is that they offer embedded advice, making them much easier to market and sell to retail investors.
|
|
read full article rate this article
|
|
|
|
|
With the introduction of hedge funds into Spain, the new types of funds (hedge funds, funds of hedge funds, multi-compartment funds) demand a greater level of sophistication and robustness from their underlying systems. All of these new funds have very specific needs, which the traditional systems in Spain are not designed for; such as different pricing methods, valuation methods, and multiple share classes.
|
|
|
read full article rate this article
|
|
|
|