Target Date Funds Grow Fast This Year

SEOUL, Sept. 3 (Korea Bizwire) — The South Korean market for so-called target date funds (TDFs) has been growing fast this year amid growing worries over post-retirement life, a market tracker said Friday. According to FnGuide, 70 TDF products with a net asset value of 1 billion won (US$890,000) or more had a combined 1.21 [...]