Russell Investments has launched six new “strategy” funds in its LifePoints Funds, Target Date Series, including an “in retirement” portfolio


“Our intent with these new funds is to make it easier for plan sponsors to offer more portfolio options and for plan participants to be able to immediately identify which of the options is most appropriate for them,” said Matt Smith, managing director of Russell Retirement Services.


“When these products first emerged, it was appropriate to offer them in 10-year increments given the dynamics of the market at the time. As this product category has developed, our clients have asked for five year increments and we’re happy to be able to bring ours to market.”

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