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
Related reading
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
Private credit’s game of footsie is getting riskier
Stronger guardrails are needed before these funds seep into the $9tn US retirement market
UK pension funds dump US equities on fears of AI bubble
Public and private-sector funds concerned over market’s growing concentration in a small number of tech stocks
US public pension funds pare allocations to private credit
Pullback underscores concerns about looser underwriting standards and rising credit risks
Pensions not a ‘plaything’ in domestic investment drive, governments warned
Industry figures fear using more retirement pots to kick-start economic growth could run counter to savers’ interests
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