What 401(k) Investors Need to Know About Private Markets

On this special episode of WSJ’s Take On the Week, co-host Telis Demos and guest co-host Miriam Gottfried explain why the private market has its eyes on your 401(k) retirement savings account. To offer insight into what that means for retirement savers, we’ll be joined by two separate guests. The first is Holly Verdeyen, partner and U.S. defined contribution leader at Mercer, a human resources consultant and asset manager. Verdeyen shares why and how the addition of private investment assets to a retirement portfolio can affect long-term savers and what differentiates private assets from public assets like stocks and bonds. Later on the show, we’re joined by WSJ’s retirement and personal finance reporter, Anne Tergesen, to further explore which investors are best suited for investing in private assets, and what a first-of-its-kind private credit ETF between asset managers State Street and Apollo means for investors. Tergesen lays out the additional fees and restrictions that come from putting money into private assets that investors should be aware of. This is WSJ’s Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the show at [email protected].  To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com  Further Reading  For more coverage of the markets and your investments, head to WSJ.com, WSJ’s Heard on The Street Column, and WSJ’s Live Markets blog.  Sign up for the WSJ's free Markets A.M. newsletter.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.