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Implementing the Executive Order on Democratizing Access to Alternative Assets for 401(k) Investors

President Trump recently issued an executive order (EO) directing the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined contribution plans governed by ERISA. The EO also instructs the SEC to explore ways to expand access to...

August 14, 2025
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Time to Move on from Prime Money Market Fund Alarmism

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During the global financial crisis (GFC) and the COVID crisis, as financial markets experienced severe stress, investors withdrew large sums from institutional prime money market funds (MMFs) (Figure 1). Following these events, regulators introduced reforms aimed at strengthening...

2025 Investment Company Fact Book


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Glossary of Investing terms
You can find more information about many of these entries in the chapters and appendix of the Investment Company Fact Book

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