Blackstone explores broader push into US retirement market
Incorporating private markets into target-date funds and managed accounts can 'make a tonne of sense' given their benefits coupled with DC plans’ long investment horizons and historically lower redemption rates, the firm’s global head of retirement solutions tells PEI.
Incorporating private markets into target-date funds and managed accounts can 'make a tonne of sense' given their benefits coupled with DC plans’ long investment horizons and historically lower redemption rates, the firm’s global head of retirement solutions tells PEI.
BELLINGS Intelligence Score: 22
Why it matters
Blackstone's exploration of a broader push into the US retirement market signals a notable strategic move that could influence private market allocations within retirement funds, but it remains a business development without immediate systemic or regulatory impact.
Sources
Private Equity International
Blackstone explores broader push into US retirement market
Incorporating private markets into target-date funds and managed accounts can 'make a tonne of sense' given their benefits coupled with DC plans’ long investment horizons and historically lower redemption rates, the firm’s global head of retirement solutions tells PEI.