Written on 20 April 2018.
EDHEC-Risk Institute has been conducting a meaningful research programme on retirement solutions. The institute stands that existing retirement products do not fit with individuals' actual retirement needs and could be improved by applying Goal-Based Investing principles.
In an effort to help increase awareness around the need for improved retirement solutions, EDHEC-Risk Institute and the Princeton Operations Research and Financial Engineering (ORFE) Department have teamed up to launch the EDHEC-Princeton Retirement Goal-Based Investing index series. These indices are based on joint academic research conducted with the support of Merrill Lynch Wealth Management on the application of goal-based investing (GBI) principles to the retirement problem.
They propose to apply the principles of goal-based investing to the design of a new generation of retirement goal-based investing strategies, which can be regarded as risk-controlled target date funds that strike a balance between safety and performance with respect to the objective of generating replacement income.
Two types of indices will be presented…
… and will answer two important questions:
Stay tuned for update at https://risk.edhec.edu/indices-investment-solutions