Nearly a decade ago, Nuveen recognized that participants deserved access to the full spectrum of investment opportunities and was one of the first asset managers to integrate private real estate into our target date funds. Today, we remain committed to the pioneering approach of driving better retirement outcomes for participants by increasing access to private investments.
With that in mind, we are proud to partner with Cerulli and DCALTA on research that examines opportunities—and dispels myths—associated with incorporating private market assets in defined contribution plans.
The research represents a great step forward in the conversation about this significant area of development for DC plans.
Download the full PDF to read more
Stakeholders across the DC ecosystem are driving the adoption of private markets. Buoyed by tailwinds from within and outside the industry, the interests of asset managers, plan sponsors, intermediaries, participants, and others are increasingly aligned around the inclusion of private investments in DC plans.
Meanwhile, providers are developing solutions that are operationally feasible by allocating to private markets investments within target date funds or managed accounts. This approach provides participants with access via familiar, professionally managed structures rather than using standalone options.
And, while the industry is poised to overcome many hurdles to adoption, several misconceptions remain.