.jpg){kind=avatar}
During the meeting attended by Blackstone Inc., UBS Group AG, Neuberger Berman and others, participants assembled a manifesto articulating private equity’s rightful position in 401(k) plans, including in the default portfolios for workers who don’t select their own investments.
“We’ve been thinking about how to bring private markets potentially into target-date structures,” BlackRock Inc. Chief Financial Officer Martin Small said on the firm’s fourth-quarter earnings call. The nearly $12 trillion asset management giant is “keeping connected with Washington.”
More posts by Sarah Wolter
Recent posts from News by FinTech Collective
