All articles tagged with #alternative assets
A new Trump executive order allows 401(k) holders to invest in risky alternative assets like private equity and cryptocurrencies, which experts warn could lead to higher risks and potential exploitation, benefiting wealthy investors and Trump cronies at the expense of average workers' retirement security.
Ultra-wealthy families and their investment firms are increasingly investing in sports, including major leagues, social clubs, and emerging sports, viewing these as long-term, inflation-hedging assets with passion-driven and value creation motives, despite a cautious approach towards women’s leagues and minor sports.
President Trump signed an executive order to allow more diverse investments like crypto, real estate, and private equity in 401(k) plans, potentially broadening options but also introducing higher risks and fees, with experts advising caution and limited exposure for most investors.
The White House has issued an executive order to review and potentially loosen regulations on alternative assets in 401(k) plans, such as private equity and cryptocurrencies, aiming to diversify investment options but raising concerns about increased risks, fees, and the weakening of fiduciary protections for investors.
President Trump signed an executive order to allow Americans to invest their 401(k) retirement savings in private equity, real estate, cryptocurrencies, and other alternative assets, potentially increasing investment options but also raising concerns about higher risks, fees, and lack of transparency. The move aims to broaden investment choices but may pose significant risks for less-informed investors, with experts emphasizing the need for safeguards, education, and cautious implementation.
President Trump signed an executive order to encourage the inclusion of alternative assets like cryptocurrencies, private equity, and real estate in 401(k) retirement plans, prompting a re-evaluation of guidelines by the Labor Department. While this signals a shift towards more diverse investment options, experts caution that fiduciaries will proceed carefully due to legal and prudence considerations, especially given the opaque nature of some assets like private equity and crypto.
Donald Trump signed an executive order to allow cryptocurrencies and alternative assets like private equity and real estate in 401(k) retirement plans, aiming to diversify investments and boost returns, but critics warn of increased risks and potential for fraud.
President Donald Trump signed an executive order to expand access for 401(k) investors to alternative assets like private equity and real estate, aiming to improve retirement outcomes and diversify investment options by prompting regulatory reviews and revisions across federal agencies.
President Donald Trump is set to sign an executive order to allow private equity, real estate, cryptocurrency, and other alternative assets in 401(k) retirement plans, aiming to expand investment options and potential returns for savers, while also promoting the cryptocurrency industry. The move involves reevaluating guidance on alternative assets under ERISA and coordinating with federal regulators to facilitate access, marking a significant shift in retirement investment policy.
Family offices are increasing their investments in alternative assets like private credit and infrastructure, with a focus on diversification and risk management, amid a private equity slump, according to a BlackRock survey.
Goldman Sachs is shifting its focus towards asset and wealth management as it seeks sustainable sources of growth. CEO David Solomon has positioned the bank to take advantage of the rise of alternative assets and the growing fortunes of the ultra-rich. However, concerns have been raised about a brain drain at the firm after the departure of key executives. Goldman's asset management division has been making progress against its fee and fundraising goals, with the bank on track to generate at least $10 billion in fee revenue by next year. While the transition will take time, Solomon remains optimistic about the strategic decisions being made.
Amid the de-dollarization debate, countries are lining up backup reserve currencies for trade and payments. The Chinese yuan, gold, Bitcoin, the euro, and a common BRICS currency aim to chip away at USD supremacy. The dollar's share in global foreign exchange reserves fell to under 60% in the fourth quarter of 2021, according to the International Monetary Fund. However, the dollar is still the world's most dominant reserve currency, accounting for 54% of global foreign exchange reserves in the fourth quarter of 2022.
The global banking crisis has led to uncertainty in the market, with investors turning to alternatives like Bitcoin, gold, and real estate. The growing concerns about the safety of traditional banking have led to a “psychological awakening” in the Bitcoin community. The efforts to stabilize the system will likely lead to other inflationary pressures and further food price increases. As the world continues to navigate this financial minefield, it’s clear that a younger generation is more inclined to rely on software-driven solutions over human-led systems. Alternative assets like Bitcoin may emerge as the biggest winners in the long term.