Donald Trump exposes US retirees to new world of risk with 401k order
Move to refashion financial future of millions of Americans followed intense lobbying by private capital and crypto groups
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Could US pensioners be swallowed by the next credit wave?
Trump wants retirees’ money in private credit, but it’s a bad idea at this stage of the cycle
Private credit’s game of footsie is getting riskier
Stronger guardrails are needed before these funds seep into the $9tn US retirement market
Allowing 401ks to invest in private markets is a bad move at a bad time
The move might help asset managers but hurt savers and the economy more broadly
Retail investors should stay away from private funds
Individuals should be wary of the Trump administration’s plans to broaden the access to the asset class
CVC targets 401k retirement market after Trump opens pensions to private equity
Value of realised investments jumps 20 per cent to record €13.2bn but performance-related earnings fall in first half