Washington, D.C. — MFA issued the following statement in support of the Department of Labor’s rule proposal to broaden access to alternatives in 401(k) defined contribution retirement plans.
“Pensions have long used alternative investments to help secure retirements, and 401(k) savers deserve similar access to a wide range of investment options. Research shows portfolios that include alternative investments can improve long-term performance while reducing risk. We commend the Department of Labor for taking steps to give more Americans the choice to access alternative investments with robust investor protections.” — Bryan Corbett, MFA President and CEO
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About the global alternative asset management industry
The global alternative asset management industry — including hedge funds, private credit funds, and hybrid funds — serves thousands of public and private pension funds, charitable endowments, foundations, and other global institutional investors. The industry provides portfolio diversification and risk-adjusted returns to help meet their funding obligations and return targets throughout the economic cycle.
About MFA
Managed Funds Association (MFA), based in Washington, D.C., New York City, Brussels, and London, represents the global alternative asset management industry. MFA’s mission is to advance the ability of alternative asset managers to raise capital, invest it, and generate returns for their beneficiaries. MFA advocates on behalf of its membership and convenes stakeholders to address global regulatory, operational, and business issues. MFA has more than 180 fund manager members, including traditional hedge funds, private credit funds, and hybrid funds, that employ a diverse set of investment strategies. Member firms help pension plans, university endowments, charitable foundations, and other institutional investors diversify their investments, manage risk, and generate attractive returns throughout the economic cycle.
