logo
Private Equity Funds Traded in London Hint at Hidden 401(k) Risk

Private Equity Funds Traded in London Hint at Hidden 401(k) Risk

Bloomberga day ago
Private equity is moving closer to gaining entry into 401(k) accounts, but there's no clear picture of how retail investments in the asset class will fare. The big publicly listed names — Apollo, Blackstone, KKR — tell one story, but in their case, it's about the business of managing funds, not the actual returns inside them.
Another perspective comes from one corner of the London Stock Exchange. There, buyout portfolios change hands every day, offering a rare, unvarnished read on private equity's market value. The verdict from a new study: When these assets are exposed to live pricing, they swing harder, trade at deep discounts to their stated value and struggle to match public markets over time.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Former Liverpool Star Heaps Praise on ‘Tremendous' Michael Edwards
Former Liverpool Star Heaps Praise on ‘Tremendous' Michael Edwards

Yahoo

time21 minutes ago

  • Yahoo

Former Liverpool Star Heaps Praise on ‘Tremendous' Michael Edwards

Liverpool Transfer Masterclass Leaves Danny Murphy Full of Praise for Michael Edwards Liverpool's summer business has once again caught the eye, not just for the players brought in but for the impressive sums raised through sales. Michael Edwards, working alongside Richard Hughes, has overseen a series of high-value departures that have left the club in a strong financial position. Liverpool's Profitable Player Exits This summer has seen the departures of several key figures. Darwin Nunez and Luis Diaz, both influential last season, moved on after campaigns that did not fully hit the heights expected. Caoimhin Kelleher and Jarell Quansah have also been sold, contributing further to the club's growing transfer fund. With a couple of weeks still remaining in the transfer window, Arne Slot has room to add more new faces should he see fit. Having already delivered Liverpool the Premier League title in his first season, Slot now has the opportunity to refresh the squad while keeping the club's financial footing secure. Photo: IMAGO Danny Murphy Impressed by Diaz Transfer Fee One deal in particular has drawn admiration from former Liverpool midfielder Danny Murphy. The sale of Luis Diaz to a European rival brought in around £65.5 million, despite the Colombian having only two years left on his contract. Murphy did not hold back in his praise for Edwards. 'I think Michael Edwards and Richard Hughes have done a sterling job in that respect [the fees they've got for their sales],' he said. 'If you're good at what you do, then the players you then need to move on or sell on are always going to have good value. 'The money they got for Diaz is tremendous, really, when you think about it, he wouldn't sign a new deal, he's a quality player, people want him. And that gives you the capability to then do what they're doing now, so it's positive, I don't see any negatives with what's going on at all.' Michael Edwards' Proven Strategy at Liverpool Liverpool's ability to maximise transfer fees has been a defining feature of their recruitment policy over recent years. While not every departure has brought in a windfall, the success rate remains high. The club's approach of acquiring players at reasonable prices and selling them at their peak value has kept their net spend low, ensuring they remain competitive without overspending. Even after several high-profile exits, there is still talent in reserve. Harvey Elliott, Ben Doak and Kostas Tsimikas are among those who could command significant fees if needed. Edwards' track record suggests that, if they were to leave, Liverpool would secure strong returns. Sustainable Success under Arne Slot There is always a risk with significant player turnover, but Liverpool's meticulous planning minimises it. Each sale is carefully balanced with targeted recruitment, ensuring the squad remains competitive on all fronts. With Edwards guiding the club's transfer dealings and Slot building on last season's title-winning campaign, Liverpool appear well set to remain at the forefront of English football.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store