Risk Replacement As Mentioned In The Wall Street Journal
A recent Wall Street Journal “Heard on the Street” column wraps up with a conversation I had with Spencer Jakab about “a better mousetrap” for target date funds. After discussing the pitfalls of target date funds, the article turns to optimism by referencing Brandywine’s innovation of “Risk Replacement.”
The full article is available here, and this brief “Strategy Guide” helps explain why Mr. Jakab calls Brandywine’s strategy for Risk Replacement “intriguing”.
The Wall Street Journal takes aim at the risks of concentrated bets that lie hidden in target date funds and how Brandywine can help reduce “Sequence of Return” and other risks for savers and retirees.
Contact us to learn more about Brandywine’s approach to investing for retirement.