Technology disruptions across all sectors were just a temporary time out, create new opportunities, according to experts at an EisnerAmper conference.
In a time of LDI and other de-risking, they seem less risky than stocks, yet offer decent returns.
At issue: allegations of unreported stock transactions and also his holdings in three private equity firms the plan invested in, including Blackstone and Carlyle.
Alert of higher fees charged comes as Department of Labor clears way for PE in 401(k)s.
Tumbling equity markets helped weigh down retirement system’s returns.
Private equity isn’t always a market beater and charges high fees. Besides, it’ll be confined to larger investment pools, like target-date funds, which limits its impact.
