Apollo CEO reveals why private assets could transform your 401(k) returns
Key Points
- Marc Rowan predicts it's only a matter of time before privat...
Marc Rowan just dropped some truth bombs about your retirement account that Wall Street doesn't want you to hear. The Apollo Global Management CEO basically said private market assets in 401(k)s aren't a matter of "if" anymore - it's "when." And if you're still stuffing your retirement with nothing but index funds, you might want to pay attention.
The Holy Grail Hunt is Real
During Apollo's August 5 earnings call, Rowan pointed to Australia as the poster child for mixing private assets with traditional investments in retirement plans. Apparently, the Aussies figured out something we're s...
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