Reported about 3 hours ago
Goldman Sachs and T. Rowe Price have announced a partnership to offer alternative investments for retirement accounts by the end of the year, following an executive order that allows such investments in 401(k) plans. This initiative aims to provide more options to individual investors, particularly through funds with targeted retirement dates and bespoke portfolios for wealthy clients. As alternatives are incorporated into retirement portfolios, measures will be taken to address risks like liquidity and pricing transparency.
Source: YAHOO