Opinion
Target-Date Funds Exploit Their Investors’ Long Time Horizons. Here’s How.
Illustration by II
Managers of long-term retirement funds face limited investor scrutiny — and potential conflicts of interest abound.
By Massimo Massa March 23, 2021
Andrew Arnott
Massimo Massa
Andrei Simonov
Rabih Moussawi
Eli Broad Graduate School