CNN —
A typical 401(k) plan only offers stock and bond funds that invest in publicly traded companies. But private companies — traditionally the domain of institutional and high-net-worth investors — have become a significant part of the overall investing market. Do they belong as an option in workplace retirement plans, given that they are often more expensive and less transparent than publicly traded securities?
It’s a question that’s been getting a lot of attention as the private investment industry and others seek to “democratize” access to such investments. And it’s an issue receiving pushback
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