Trump Rule Change Will Likely Harm 401(k)s, Study Shows

AS THE TRUMP administration allows ordinary investors to move $5.6 trillion of 401(k) assets into private equity for the first time, one of the nation’s leading investment consultants published a paper arguing that pension funds’ and endowments’ forays into private equity have been duds.....
https://theintercept.com/2020/07/23/private-equity-401k-investment-risk/