

The Thrift Savings Plan (TSP), the defined benefit contribution plan for the US Government, introduced the asset allocation Lifecycle (L) Funds in August 2005. These funds seek to minimize risk and maximize expected portfolio return via mean-variance optimization (MVO). The...

The Thrift Savings Plan (TSP), the defined benefit contribution plan for the US Government, introduced the asset allocation Lifecycle (L) Funds in August 2005. These funds seek to minimize risk and maximize expected portfolio return via mean-variance optimization (MVO). The...