Faculty News
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Profs Edwin Elton and Martin Gruber's research on 401(k) plan administrators is highlighted
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![MarketWatch logo MarketWatch logo](/sites/default/files/styles/192w_x_144h/public/assets/images/marketwatch%20logo.jpg?h=cd55d432&itok=EgMkkock)
Excerpt from MarketWatch -- "The study, done by Edwin Elton, Martin Gruber and Christopher Blake, showed that 401(k) plan administrators choose mutual funds that lag comparable indexes. When changing plan offerings, administrators routinely chase returns and do not improve performance."
Faculty News
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![MarketWatch logo MarketWatch logo](/sites/default/files/styles/192w_x_144h/public/assets/images/marketwatch%20logo.jpg?h=cd55d432&itok=EgMkkock)
Excerpt from MarketWatch -- "The study, done by Edwin Elton, Martin Gruber and Christopher Blake, showed that 401(k) plan administrators choose mutual funds that lag comparable indexes. When changing plan offerings, administrators routinely chase returns and do not improve performance."