Financial Advisers Increasingly Turn to Alternative Investments Amid Stock and Bond Declines
A Broadridge adviser survey saw an 8% jump in alt investment use over the year, though many aren’t fully satisfied...
Tag: Private equity
Sequoia Secures $200M from PE Firm Valeas to Fuel Continued Growth
The wealth management firm continues an acquisitions push after nearly doubling assets under management to $10 billion last year.
New Bill Seeks to Encourage 401(k) Investment in Alternative Assets
The Retirement Savings Modernization Act aims to clarify ERISA to incentivize retirement investment in assets such as real estate, private...
Compliance News
Legislative and Judicial Actions
The DOL denies general support for private equity; the Supreme Court sends ‘Northwestern’ back to the appeals court; the PBGC...
A Status Report on Private Equity in Defined Contribution Plans
It’s been a roller coaster ride for PE firms looking to break into the U.S. DC plan market.
Retirement Income and Alternative Investments
Every level of private equity investment modeled by EBRI resulted in additional 401(k) participants being able to retire at age...
Increasing Exposures to Private Equity Boosts Retirement Security
EBRI research shows the impacts on participants’ retirement security of replacing TDF equity exposures with private equity allocations for participants...
DOL Cautions Small Plan Fiduciaries Against Diving Into Private Equity Investments
The agency issued a supplemental statement in response to stakeholder concerns that private equity investments could be inappropriate for small DC plans.
Aon Aims to Sell U.S. Retirement Business to PE Firm Aquiline
The firm also intends to sell the Aon Retiree Health Exchange business to Alight, at least in part to head off potential antitrust concerns associated with its ongoing...
Investment Product and Service Launches
Stadion Money Management launches managed account technology; Vanguard expands access to private equity; and MSCI builds private infrastructure modeling service.
DCALTA Publishes Framework for Implementation of Private Equity in DC Plans
DCALTA says its framework addresses the key implementation challenge identified by plan sponsors: operational aspects of daily valuation of private alternative assets that do not trade on an...
Managers Expect Annuity Allocations to be Incorporated Into TDFs
In addition, Cerulli says it expects that plan sponsors and retirement plan providers will engage in more exploratory discussions about including private equity in target-date funds.
Publisher’s Note
What a Year!
With so many bigger issues facing the country, much has happened that almost seems unnoticed.
ERISA vista
DOL Gives Private-Equity Guidance
401(k) plans may include the strategy as part of a diversified fund.
Many Project Mild Interest in Private Equity Among DC Plans
The broad trend of fiduciaries pursuing the lowest cost passively managed investment options will likely temper plans sponsors’ interest in...
Some Parties Question PE’s Role in DC Plans
It is common to hear that private equity (PE) has been the best performing asset class in recent years for institutional investors, but a new academic analysis challenges...
DOL Issues Guidance About Private Equity Investments in DC Plans
An Information Letter addresses private equity investments as a component of a professionally managed asset allocation fund and outlines what plan fiduciaries should consider.
Investment Product and Service Launches
IHS Markit adds MSCI ESG ratings and HarbourVest offers private equity with Vanguard.
Strategies for Including Private Equity in DC Plans
From an operating perspective, plans can use private investments in a multi-asset class investment vehicle.