Private Credit Is Reeling, but New Rule May Allow It into 401(k)s(www.wsj.com)
1 pointby petethomas4 hours ago1 comment
  • tfwnopmt4 hours ago
    I thought index funds were killing actively managed funds already. Why would anyone choose these over a low expense ratio index fund?
    • toomuchtodo3 hours ago
      Because they are unsophisticated and don’t know better. Private equity and credit are looking for bagholders, and the only potential buyers left are retail.