Trillions in Retirement Dollars Flow Into Opaque Trusts
A little-talked about investment product is taking over the 401(k) world, and offering asset managers a way to increase exposure to private markets.
By Justina Lee, Weihua Li, Denitsa Tsekova ยท Bloomberg Markets
A little-talked about investment product is taking over the 401(k) world, and offering asset managers a way to increase exposure to private markets.