At the start of a new year, it is our frequent practice to take a moment to reflect on the stories and coverage of the previous year. The following are a few highlights from the past year’s editorials that indicate where our industry may be headed in the year ahead. And, for more on what’s ahead this year, see our feature, “What’s in store for 2019?”

“A handful of investment managers have been developing real estate products they hope will appeal to the defined contribution side of the house. These typically involve some kind of mutual fund–style product — based on either real estate securities or direct real estate investment, and often, a blend of the two — which then is offered to participants as one of a range of products under some kind of choice plan. But much more common among the larger defined contribution pension plan sponsors is the practice of offering customized target-date plans, designed and managed by the defined contribution pension fu